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Additional Payment Calculator

Use this additional payment calculator to determine the payment or loan amount for different payment frequencies. Make payments weekly, biweekly, semimonthly, monthly, bimonthly, quarterly or annually. Then examine the principal balances by payment, total of all payments made, and total interest paid.

Additional mortgage payment calculator

Mortgage repayment shortened by 3 years and 9 months

$20,806 saved

By increasing your mortgage payment $100 per month, you not only shorten your mortgage term, but it will also save you this amount in interest.

Mortgage Payment AnalysisAnnual comparison of scheduled vs accelerated payoff

Chart

Line chart with 4 lines.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying Amount (in thousands). Data ranges from 0 to 197.
End of interactive chart.

Chart shows amounts in thousands of dollars. Data points represent end-of-year values.