Mortgage Payoff Calculator
Loan Details
Per month
Applied yearly
Payoff Summary
New Payoff Date
Sep 2050
Months Saved
0
Interest Saved
$0
Total Interest (Plan)
$323,071
vs $323,071 baseline
Baseline Payoff
Sep 2050
Baseline Payment
$2126.90
Balance Over Time
Payment Schedule
How it works: The calculator simulates your payment schedule with extra payments applied directly to principal. Interest accrues monthly on the remaining balance. Lump sums reduce principal immediately. The tool compares baseline vs. plan to show months and interest saved. Target modes solve for the required extra payment using numerical search. All calculations are client-side for privacy.