The Mortgage Freedom Calculator
See how much time and interest you can save by paying a little extra each month. Be financially smart—beat the mortgage system.
i
Enter the mortgage principal you’re borrowing — exclude
down
payment and closing costs.
i
The loan’s annual percentage rate. Use your actual
fixed
rate;
this tool assumes monthly compounding.
i
Original mortgage length. Common terms are 30 or 15
years.
i
A recurring add-on that goes straight to principal. Set
this
with your servicer as ‘Principal Only.’ No refi needed.
Applies to principal only. Start small; bump it up yearly.
Tip: label extras as “Principal Only”. Most modern U.S.
mortgages have no prepayment penalty.
Debt-free time (with extras)
—
Mortgage Mood
Add an extra to see the
magic.
Results
Years Saved
—
Dollars Saved
—
Total Paid
$0
Total Interest
$0
Base Monthly Payment
$0
Monthly Payment (with extras)
$0
This calculator runs entirely in your browser. Embed as a single HTML file.