
	Calculate Additional Monthly Payments to Pay Off Your Mortgage Sooner
	This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay if off within a specified number of years. It will also show you how much interest you will save if you make the calculated additional payment each month, from now until your mortgage is paid off. Note: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. When entering numbers into the data fields only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error. Also please note that this calculator has been tested to work with Internet Explorer 5.5 and Netscape Navigator 4.6 web browsers. However, both must have the JavaScript option turned on.

Enter the principal balance owed:
Enter the annual interest rate:
Enter the current monthly payment amount:
# of years you wish to pay off mortgage in:



Additional monthly payment required:
Interest savings:

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.