Pay Off Your Mortgage Faster
Discover how much time and interest you can save by making extra payments on your mortgage — monthly, yearly, or as a one-time lump sum.
Your Loan Details
Loan Comparison
Remaining Balance Over Time
Tips for Paying Off Your Mortgage Faster
Round Up Your Payment
If your payment is $1,847, pay $1,900 or $2,000. Even small amounts add up to significant savings over the life of the loan.
Make Bi-Weekly Payments
Paying half your monthly amount every two weeks results in 26 half-payments — the equivalent of 13 full payments per year instead of 12.
Apply Windfalls to Principal
Tax refunds, bonuses, or inheritances applied directly to principal can shave years off your mortgage and save tens of thousands in interest.
This calculator provides estimates for informational purposes only. Results assume a fixed interest rate and that extra payments are applied directly to principal. Actual results may vary. Contact Sanlor Financial for personalized guidance.
Ready to Refinance or Pay Down Faster?
Call Lori at 909 224 8307 to explore your options and find the right strategy for your goals.