Filing statusfor the tax estimate
Guideline Measured the way a lender measures it: your full monthly housing cost against gross income, then everything you owe against it.
Costs beyond P&I
Tax, insurance, HOA, PMIYour payoff runway
Balance owed over time. The bank's schedule is the dotted line; your plan is the ridge that lands sooner.
Your plan
Bank's schedule
Drag the green dot to set your extra monthly payment, or use Extra monthly principal in Payoff strategies.
Where every payment really goes
On the bank's standard schedule, early payments are almost all interest. This is why paying extra now is so powerful.
Interest
Principal
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Lifetime interest — bank vs. you
Total interest you'd hand the lender over the life of the loan.