What is the difference from the basic mortgage calculator?

This one can show total interest and total repaid; optionally you can enter an extra payment per period to see impact on payoff.

How do extra payments work?

Extra payment each period reduces the balance faster, so less interest and earlier payoff. Enter a fixed extra amount if you plan to pay more.

Calculate mortgage payment and optionally total interest with extra payments. Principal, rate, term → payment and repayment summary.

Principal ($)

Annual rate (%)

Term (years)

Extra payment per month ($, optional)

What is the difference from the basic mortgage calculator?: This one can show total interest and total repaid; optionally you can enter an extra payment per period to see impact on payoff.
How do extra payments work?: Extra payment each period reduces the balance faster, so less interest and earlier payoff. Enter a fixed extra amount if you plan to pay more.

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