The loan

Home price

Down payment

Interest rateAPR

Termyears

Already have this mortgage?

Forecast from where you are today

Years already paidyr 5

Principal paid so far

Every chart below recomputes from today — remaining balance, payoff date, and interest saved.

Your budget

What can you afford?

Check this home against your income

ZIP codesets property & state tax

Household income

Gross, before tax, everyone on the loan combined. Lenders measure the guideline against gross, so that is what the bars below use.

Filing statusfor the tax estimate

Other monthly debtsper month

Car, student loans and minimum card payments. Not utilities, groceries or other living costs.

Guideline

Costs beyond P&I

Tax, insurance, HOA, PMI

Property tax

% / yr

Home insurance

% / yr

HOA duesper month

PMI

% / yr

Private mortgage insurance. Conventional lenders add it when you put down less than 20%, and it protects them rather than you. Typically 0.46% to 1.5% of the loan a year. It comes off once you reach 20% equity, so putting 20% down means you never pay it.

Your 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 the Extra monthly principal slider.

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

✦

Lifetime interest — bank vs. you

Total interest you'd hand the lender over the life of the loan.

Clearing

Costs beyond P&I

What you can afford

Your payoff runway

Where every payment really goes

Lifetime interest — bank vs. you