Calculate your accelerated payoff
Use principal-and-interest payment only. Do not include taxes, insurance, HOA dues, or PMI in the payment field.
| Path | Monthly P&I | Extra monthly | One-time extra | Payoff time | Total interest | Total paid |
|---|
| Month | Payment | Principal | Extra principal | Interest | Ending balance |
|---|
The payment path table shows the first 12 accelerated months and the final payoff month. It is intended for planning, not a servicer statement.
Methodology notes
Amortization
Each month, interest is calculated from the remaining balance and monthly rate. Scheduled principal plus extra principal then reduces the balance.
Current payment
If you leave the payment blank, PlainFigure estimates the principal-and-interest payment from balance, rate, and remaining term.
Payoff dates
Payoff dates count forward from the selected month. Actual lender posting dates, recasts, fees, and escrow changes are not modeled.
Results are estimates for educational purposes only and are not financial advice. PlainFigure may earn a commission from partner links, but calculator formulas are independent. See full disclosure.