Extra Payment Calculator

See how recurring and one-time extra principal payments change your payoff date and total interest.

Extra Payment Calculator

See how recurring and one-time extra principal payments change your payoff date and total interest.

Purchase Price$Down Payment (dollars)$Down Payment (percent)%Interest Rate%Loan TermLoan Start Date

Annual Property Tax$Annual Homeowners Insurance$Monthly HOA / Association Fee$

Extra payments reduce principal only. The required monthly principal and interest does not change.

Recurring Extra Payment

Extra Monthly Principal$Start Payment NumberEnd Payment Number

One-Time Extra Payments

Amount 1$Payment Number 1

This calculator is for informational and illustrative purposes only and does not constitute a loan approval, commitment to lend, or quote. Actual payments, rates, taxes, insurance, HOA fees and loan terms may vary.