Interest Savings Calculator

Try our free mortgage analysis tool and see how fast you can accelerate the repayment of your mortgage. Simply complete the information below and you will instantly get a summary report of how much money you will save, how quickly your mortgage will be paid in full, and what the effective interest rate is. You'll be amazed at the results!

Personal Information

First name

Last name

Phone number

Monthly income

Monthly expenses (excluding mortgage)

Mortgage Information

Remaining loan balance

Mortgage interest rate

Years to pay off

Monthly payment

Estimated property value

Do you currently have a Home Equity Line of Credit (HELOC)?

Yes, I have a HELOC

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Your Mortgage Analysis

Here's an overview of the potential savings and accelerated payoff schedule you could achieve based on the information you provided.

Mortgage Overview

Remaining Balance	Interest Rate	Term	Income	Expenses	Mininum Payment
$195,000.00	5.550%	26.0 years	$5,000.00	$2,500.00	$1,182.02

Plan Type	Total Interest Paid	Estimated Paid Off Time	Estimated Interest Saved
Traditional	$173,790.18	26.0 years	$0.00
Accelerated	$47,429.15	8.08 years	$126,361.03

Total Potential Savings: $126,361.03 in 8.08 years

The projected growth of a future investment account that is funded using the discretionary income that is available once the mortgage balance is paid in full is $406,918.51.

With our accelerated plan, you could pay off your mortgages significantly faster and save thousands of dollars in interest payments.