Software Solutions for Financial and Tax Professionals
Contact Us

TCalc™ Financial Calculators


How much will I save by increasing my mortgage payment?

Find out how much interest you can save by paying an additional amount with your mortgage payment. The additional amount will reduce the principal on your mortgage, as well as the total amount of interest you will pay, and the number of payments.


Original loan amount

Original mortgage length

MonthsYears

Date of loan

Interest rate

Date of first extra payment

Additional payment amount


Show Payment Schedule


The extra payments will allow you to pay off your remaining loan balance 3 years earlier. Because you will pay off your loan sooner, you will save $51,216.68 in interest over the life of the loan.

Calculator disclaimer

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

Presented by TimeValue Software ©2008


Mortgage Payoff Calculator

This early payoff calculator is available for online delivery. Show customers how an additional principal payment will affect their mortgage. Our online calculators integrate right into your existing website automatically. Customize your calculators with the style and look of your site while promoting your own products and services. Add a contact form, and use the calculators as an online lead generator.

Interested in adding financial calculators to your website?

Or give us a call at (800) 426 - 4741. We will show you how calculators are being used in a website for a business similar to yours.