800-775-LOAN
Questions? Mortgage Experts are ready to Help!
5 MINUTES COULD SAVE YOU $5,000 OR MORE!
"I was previously working with a few different loan officers on all my real estate transactions. Because a few deals went sour, I decided to try someone at 800775LOAN.com. I am pleased to say that they treated my client as they would their own family. I am committed to only working with them in the future!"
- Rick L
Real Estate Broker
Get mortgage rates delivered to your inbox.
No Spam Guaranteed
How much interest can you save by increasing your mortgage payment? This financial calculator helps you find out. Click the "View Report" button to see a complete amortization payment schedule, and how much you can save on your mortgage!
The yearly cost of a mortgage, including interest, mortgage insurance, and the origination fee (point(s)), expressed as a percentage. Maximum APR is 20%.
Total length, or term, of your original mortgage in years. The most common lengths are 30 years and 15 years.
The original amount financed with your mortgage. Not to be confused with the remaining balance or principal balance.
Your proposed extra payment per month. This payment will be used to reduce your principal balance.
Monthly principal and interest payment (PI) based on your original mortgage amount, term and interest rate.
Scheduled payment plus additional monthly payment.
Total amount you would save in interest if you made the accelerated payment until your mortgage was paid in full.
Get a Fast, Free, No Obligation Mortgage Rate Quote
256-bit secure data connection. We value your security. Read our privacy policy.
Please select your state to view our lowest available Current Mortgage Rates.
Are you a Real Estate professional or Lender? Get yourself listed on CraterTeam.com for FREE.
A portion of all proceeds earned by CraterTeam.com will be donated to charitable organizations.
Mortgage Calculators