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Additional payment calculator
You can save money and shave years off the length of your loan by paying more on your monthly mortgage payment than your regularly scheduled amount. How much can you save? Fill in the boxes below, including the amount of the additional payment and the number of times you will make that increased payment each year.
Additional payment calculator
Loan Amount: $
Annual Interest Rate:    %
Loan Term:    years
Start Date of Mortgage:   
Additional Payment Amount: $
Number of times you will make
the additional payment per year:
  
Start Date of Additional Payments:   

  
Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator.