Save Big On Your Mortgage Calculator | Mortgage Money-Saving Calculator

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Save Big On Your Mortgage is a similar page to "Make Money Paying Down Your Mortgage." The difference is, here you can fool around with different amounts of extra principle you can pay each month and see the results. On this page you enter your 1) Interest rate 2) The amount you have left to pay on your loan, and, 3) Your monthly payment. Then, before you click the "click here to calculate button", 4) Enter an amount that you could pay extra each month in the "Extra amount you will pay monthly" box. EZ Calculator will show you how much you will save over the course of the mortgage. The results are often astounding!

In this calculator you will be inputting the total amount of the loan or mortgage you have left to pay. If you are not sure what this amount is but have a better idea how many payments you have left on the loan, go to:

Save Big on Your Mortgae 2

Yearly interest rate %

Amount left to pay on your loan $

Amount of monthly payment you now pay $

Extra amount you will pay monthly $

Enter values in the boxes above.
Boxes below will be calculated.




You will need to make payments

at $ a month to pay off this loan.

This will cost you a total of $

But, by paying the extra $ a month

which will change your monthly payment to $

You will make fewer payments.

In other words...
Under the original terms of the loan, it would take years

and months

to pay off the loan in full.
But..
By making this extra monthly payment, you will be paid off in years

and months.

So, the total cost of the loan will become $

which result in a savings of $ !



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