Mortgage Calculator With Extra Payments

Calculate the amortization schedule for your loan, accounting for extra payments. You can specify an extra payment amount and which months to apply the extra payment. The monthly payment consists of interest, normal repayment and the extra payment. The repayment is calculated based on your loan duration to have the loan paid off in the last month. The extra payment is an amount paid in addition to the monthly payment, which helps pay the loan quicker and reduce the total interest cost.

Equitysim - explore your financial scenarios and make better financial decisions

Try for free!

Start date
M         YYYY

Extra Payments