Mortgage Pay-off Calculator



	Properties Of The Berkshires
	128 Ridge Avenue
	Pittsfield, MA 01201
	Office Phone: 413-236-0993
	Office Fax: 413-236-0960

Enter the principal balance owed:

Enter the annual interest rate:

Enter your current monthly payment amount:

The number of years you wish to pay off mortgage in:

Additional monthly payment required:

Interest savings:

This calculator will show you the additional monthly payment (principal) you will need to make on your current mortgage in order to pay if off within a specified number of years. It will also show you how much interest you will save if you make the calculated additional payment each month, from now until your mortgage is paid off. Special thanks to Lyle Crafton for presenting the idea for this calculator.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields (dollar signs and other non-numeric characters will cause an error).

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Properties of the Berkshires - 128 Ridge Avenue - Pittsfield, MA 01201

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