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Mortgage Payoff Calculator

If You Know the Remaining Loan Term

Use this calculator if the term length of the remaining loan is known and there is information on the original loan – good for new loans or preexisting loans that have never been supplemented with any external payments.

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Payoff in 15 years and 8 months

The remaining balance is $279,163.07. By paying extra $500.00 per month, the loan will be paid off in 15 years and 8 months. It is 9 years and 4 months earlier. This results in savings of $108,886.04 in interest.

If Pay Extra $500.00 per month
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The Original Payoff Schedule
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View Amortization Table

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