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Mortgage Payoff Goal Calculator
This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay it 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 online subscriber 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 a JavaScript error).

 

Enter the principal balance owed:
Enter the annual interest rate:
Enter the current monthly payment amount:
Number of years you would like to pay off your mortgage in:


Additional monthly payment required:
Interest savings:

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DISCLAIMER: The accuracy of this calculator and its application to your specific
situation is not guaranteed. We encourage you seek advice from qualified
professionals regarding all personal finance issues.

“GreenPath counselors offer excellent customer service, quick and personal responses and respect for their clients. I’m so glad I found you.”

– Audra A.,
Farmington Hills, MI

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GreenPath, Inc. is also known as:    
GreenPath Debt Solutions   Consumer Credit Counseling Service of Northwest Illinois
Consumer Credit Counseling Service of Michigan   Consumer Credit Counseling Service of Northern Indiana
Consumer Credit Counseling Service of Southern New York   Accel Members Financial Counseling