Mortgage Payment Calculator Calculate your payment or mortgage amount and see how extra payments reduce interest and time to pay off.
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Mortgage 1
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Mortgage 2
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| Payment frequency |
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| Mortgage amount |
200,000
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200,000
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| Interest rate |
5.00%
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5.00%
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| Amortization (in months) (maximum value 360) |
300
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300
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| Amortization (in years) |
5.00
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5.00
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| Term (in months) |
60
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60
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| Term (in years) |
5.00
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5.00
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| Mortgage payment |
471.78
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471.78
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| Extra payment |
0.00
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0.00
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| Total payment |
571.78
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571.78
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Regular Payment
$471.78 |
Higher Payment
$571.78 |
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| Time to Pay Off | 5.0 yrs | 4.0 yrs |
| Total Interest | $3307 | $2656 |
| Term Interest | ||
| Term Balance |
Payment Schedule
Payment Schedule
Include:
Disclaimer
