justyourcalculatorMortgage Payoff Calculator
How much time and interest extra payments save on the mortgage you have now.
- 100% Free
- Instant Results
- No Sign Up
Mortgage Payoff Calculator
How much sooner extra payments pay off your mortgage
Paid with every 12th payment.
More Financial Calculators
View all calculators- Mortgage CalculatorMonthly payment with taxes, insurance and PMI
- Amortization CalculatorFull amortization schedule with extra payments
- Refinance CalculatorNew payment, savings and break-even point
- Mortgage Amortization CalculatorYour mortgage's full amortization schedule
- Loan CalculatorPayments for amortized, deferred and bond-type loans
- Auto Loan CalculatorCar payment with tax, fees, trade-in and rebates
- Compound Interest CalculatorGrow a balance, or convert between compounding periods
- Retirement CalculatorHow much you need, how to save and what you can spend
- Income Tax CalculatorYour 2026 US federal income tax, refund or amount owed
- Calculators
- 204+
- Free to use
- 100%
- Results as you type
- Instant
How the mortgage payoff calculator works
The calculator first works out where your loan stands today: the remaining balance after the payments you've made, from the original amount, term and rate. Or you can enter the balance and payment from your statement.
It then runs two schedules from today: your normal payments, and your payments plus the extras you choose. The difference in months and in total interest is what paying early saves you.
Biweekly means half the monthly payment every two weeks, which adds up to one extra monthly payment each year.
Using and checking your result
Published by JustYourCalculator. Check the units and assumptions above, and compare a known example before relying on the output. Calculations use browser arithmetic and may round displayed values.
This is an educational estimate, not a lender quote, tax filing calculation or investment recommendation. Actual costs depend on current rules, fees and your circumstances. Verify important decisions with official sources and a qualified adviser.
Share links may contain your input values. Anyone with the URL can read them; avoid sharing sensitive personal or financial information.
Primary references and further reading
Reference links help you check assumptions; they do not mean the publisher has reviewed or endorsed this calculator.