Does this calculate an exact lender payoff quote?

No. This is a month-based planning estimate. Contact your mortgage servicer for an exact payoff amount through a specific date.

Can I include extra mortgage payments?

Yes. Yes. You can enter a recurring monthly amount, an extra principal payment once per year, and/or a one-time extra payment.

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Mortgage Payoff Calculator

Q: What payment should I enter?

Enter the principal-and-interest portion of your monthly mortgage payment. Do not include taxes, insurance, or escrow.

See how extra monthly payments, one extra principal payment each year, or a one-time principal payment can shorten your mortgage and reduce interest. The calculator starts with your current balance, so you do not need the original loan amount or term.

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Your estimated payoff

The sample values are calculated automatically. Change any value to model your mortgage.

This is a month-based planning estimate. Taxes, insurance, escrow, fees, exact payment dates, and servicer-specific payoff rules are not included.

How it works

Plan extra mortgage payments from today's balance

The calculator compares your current payment path with a plan that includes the extra monthly amount and optional one-time principal payment you enter.

Interest is estimated monthly using a fixed rate. The result shows an estimated payoff month rather than an exact payoff day.

What to enter for monthly payment

Use only the principal-and-interest portion of the mortgage payment. If your bank withdraws one amount that includes property taxes, homeowners insurance, or escrow, remove those items before entering the payment here.

Windows mortgage software

Want to save plans and change individual months?

Mortgage Payoff Calculator for Windows keeps the same simple consumer approach but adds saved plans, target payoff-month planning, individual monthly extra-payment changes, annual totals, printing, and CSV export.

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Frequently asked questions

What payment should I enter?

Enter only the principal-and-interest portion of your monthly mortgage payment. Do not include taxes, insurance, or escrow.

Is this an exact mortgage payoff quote?

No. It is a month-based planning estimate. Your mortgage servicer can provide an official payoff amount for a specific date.

Can I include monthly, annual, and one-time extra payments?

Yes. Enter a recurring monthly extra amount, an extra principal payment once per year, and/or a one-time extra principal payment.

Why does the calculator show a payoff month instead of a day?

The calculator is intentionally month-based to keep consumer payoff planning simple and avoid implying servicer-specific daily-interest precision.