Quick details
| Product | Mortgage Payoff Calculator |
|---|---|
| Platform | 64-bit Windows 10 or Windows 11 |
| Price | $25 one-time purchase |
| Evaluation | 5 unrestricted payoff calculations; then the unregistered balance is limited to $60,000 |
| Main purpose | Plan how extra mortgage payments can change payoff time and interest |
| Calculation style | Simple month-based mortgage payoff planning |
| Registration | One-time passcode for the installation |
Designed to answer the homeowner's main question
What happens if I pay extra on my mortgage? Enter your current mortgage balance, interest rate, monthly payment, and optional extra payment. Mortgage Payoff Calculator immediately shows the effect on your payoff.
See the actual Windows software
The interface is designed around the questions homeowners usually ask: when will the mortgage be paid off, how much time can extra payments save, and how much interest can be avoided?
Payoff results at a glance
Enter the current balance, rate, monthly payment, and extra amount. The program shows the estimated payoff month, time saved, and interest saved.
Simple monthly schedule
Review each payment month and change the Extra amount for a single month when you expect to pay more or less.
Actual Windows software screen. Minor wording can vary by software version.
Simple extra-payment planning
- Enter a recurring extra payment each month.
- Add a one-time extra payment.
- Use quick +$50, +$100, +$250, and +$500 scenarios.
- Choose a target payoff month and see the payment needed to reach it.
- Change the Extra amount for an individual month in the payment schedule.
- Reset one changed month or reset all individual monthly changes.
- Review monthly schedule and annual totals in separate tabs.
- Save and reopen payoff plans.
- Print a payoff plan with annual totals or export the schedule to CSV.
Month-based by design
This product intentionally stays simple. It plans mortgage payoff by month, not by exact day. It does not attempt to reproduce a mortgage servicer's daily-interest payoff quote, escrow accounting, taxes, insurance, fees, or other servicer-specific rules.
For an exact payoff amount through a specific date, request a payoff statement from your mortgage servicer. For professional loan schedules with irregular dates, changing rates, and more advanced calculation methods, use Amortization Pro.
Evaluation, purchase, and registration
Try the Windows program before buying. The first five payoff calculations can use the full mortgage balance you enter. After the evaluation uses are complete, the unregistered version limits the mortgage balance to $60,000.
Registration uses the same Power of Interest one-time installation passcode approach as Amortization Pro. Registration removes the evaluation balance restriction.
Related free calculators
Want a quick calculation without installing software? Use the free online tools, then use Mortgage Payoff Calculator when you want to save plans, compare scenarios, and review the full schedule.