Sources verified · May 22, 2026

Mortgage Early Payoff

Tell us your balance, rate, and the years left. We’ll show you what a lump sum or a little extra each month takes off the payoff date — and how much interest you’d keep.

New here? See it work with example numbers:

What you owe on the mortgage today — the principal, not the home's value.

%

Your fixed mortgage rate (APR), from your statement.

Years remaining on the term (a fresh 30-year loan = 30).

Optional — the extra you’re thinking about

Extra principal on top of your regular payment.

A single amount toward principal now (e.g. a bonus or tax refund).

No ads or lead-gen

What this tool does and doesn’t do

  • Does: standard fixed-rate amortization with monthly compounding — principal and interest only — plus extra-payment and lump-sum scenarios and a few common ways to finish sooner.
  • Doesn’t yet: escrow (property tax, homeowners insurance, PMI, HOA), the mortgage-interest tax deduction, adjustable-rate resets, recasting, or weighing early payoff against investing the money instead.
  • This is a planning estimate, not a lender payoff quote. Confirm the exact figure with your servicer — and that they apply extra payments to principal — before making big decisions.