Home     Contact Us     About Us                   "After dealing with so many mortgage companies and getting run around, we were able to lower our rate and save $1234.58 per month from your program. Thanks for being so professional and knowledgeable. We are truly your clients for life. - Nelvia & Gary Garner, Sacramento Ca     Mortgage Calculators You can save money and shave years off the length of your loan by paying more on your monthly mortgage payment than your regularly scheduled amount. How much can you save? Fill in the boxes below, including the amount of the additional payment and the number of times you will make that increased payment each year. Additional payment calculator:   Loan Amount: $ Annual Interest Rate: % Loan Term: years Start Date of Mortgage: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Additional Payment Amount: $ Number of times you will make the additional payment per year: 1 time 2 times 3 times 4 times 5 times 6 times 7 times 8 times 9 times 10 times 11 times 12 times Start Date of Additional Payments: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Result: With no Extra Payments With Extra Payments Monthly Payment: $1,580.17 Monthly Payment: $2,080.17 Pay-off time: 30 years Pay-off time: 17 years 8 months Time Saved: 12 years 4 months Interest Paid: $318,861.22 Interest Paid: $177,022.83 Total Interest Savings: $141,838.39 Balance Schedule: Year Monthly Payment With Extra Payments 1/1/2008 $247,684.07 $247,684.07 1/1/2009 $244,734.66 $244,734.66 1/1/2010 $241,587.72 $236,464.06 1/1/2011 $238,230.02 $226,581.21 1/1/2012 $234,647.44 $216,036.48       About Us | Security & Privacy | Terms & Conditions | Site Map | Contact Us © 2007 Mortgage Company. All rights reserved.