Mortgage Calculator Extra Payment

5 of the best sites for mortgage calculators that show the effects of extra payments on your overall mortgage costs. Know of another site that should be on this list? Leave your suggestions at the bottom of the page. (Related searches: Mortgage Refinance Rates, Reverse Mortgage Calculator, GMAC Mortgage)

1. Extra Payment Mortgage Calculator at Mortgage-X.com - This mortgage calculator offers you the ability to see the effects on your loan payoff date of extra principal payments made monthly, yearly or just a single time. (mortgage-x.com)

2. Mortgage Calculator at Interest.com - This calculator offers a basic calculation of your monthly mortgage payment but then also allows you to see the effects of extra payments, monthly, yearly or just a single extra payment. (www.interest.com)

3. What If I Pay More Every Month? - This mortgage calculator allows you to see the effect of an extra amount paid on top of each month’s monthly mortgage. You tell it how much extra you’ll pay each month and it will tell you how much money you’ll save in interest over the life of the loan and how much sooner you will have your mortgage paid off. Note this calculator only handles monthly extra payments of the exact same amount — it won’t figure the effects of an occasional extra payment. (www.mortgagecalculator.org)

4. How Advantageous Are Extra Payments? - Mortgage calculator from Chase allows you to enter an extra payment amount that you’ll pay each month, and then shows you how much interest you would pay over the life of the loan and when it would be paid off both with or without that extra payment. (mortgage.chase.com)

5. What Will Your Monthly Mortgage Payment Be? - Use this basic mortgage calculator to get the amount of your monthly mortgage payment and your payoff date, THEN click the “Show Amortization Table” link and another box will drop down allowing you to see the effect extra payments could have on your payoff date — you can see the effect of an extra payment with each month’s mortgage payment,the effect of a once-yearly extra payment, or just a single extra payment. (www.bankrate.com)

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