Mortgage Payoff Calculator

About: Mortgage Payoff Calculator

For most people, a house is their largest investment and a mortgage is their largest debt. Ideally, you’d like to get rid of the debt as quickly as possible while building up the amount of money you have invested in the home. The FREE mortgage calculator can help you do just that.

Mortgage interest is amortized so that you pay the bulk of your interest in the first years of your mortgage. If you start paying additional principal, you’ll save a lot of money in interest over the life of the loan.

Best features:



1. Calculate the payment of a mortgage or loan and its amortization table quickly and easily
2. Visualize payment, interest, balance on chart
3. Amortization table can display both annually and monthly payment

Disclaimer:
Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.