Early Payoff Calculator
Pick your target payoff year — we'll show what monthly payment gets you there.
Extra needed per month
$627
Current payment
$1,812
New payment
$2,439
Years saved
13
Interest saved
$169,675
Want a copy of these numbers? We'll email them to you.
This is an estimate for educational purposes only. Not a commitment to lend.
Want a real quote from a loan officer?
Get a personalized rate in minutes — no obligation.
Toll Free: 1-866-666-2378 (866-666-BEST)
Frequently asked questions
How do I choose a payoff target?
Match it to a life goal like retirement, kids starting college, or eliminating housing cost before a career change.
Is a shorter refinance better than extra payments?
A 15-year refi locks in a lower rate but a fixed higher payment. Extra payments give flexibility with a similar payoff.
Does making biweekly payments help?
Yes — 26 biweekly half-payments equal 13 full monthly payments per year, effectively adding one extra payment annually.