# Mortgage Free Calculator

I want to be mortgage free in

My current loan was for

My current interest rate is

The term of the loan was

I have had this loan for

Current Loan Balance $000,000

Current P & I Payment $0,000.00

New P & I Payment $0,000.00

Extra to Add Each Month $000.00

Interest Savings
Remaining Interest

$00,000
$000,000

Alternatives

Interest Savings

Interest Remaining on Current Loan $000,000

Interest to Pay on Shorter Term $00,000

Interest Savings $00,000

### An Alternative to Shortening Your Loan by 0 Years

Instead of adding extra to the principal, invest the same amount:

Extra Amount per Month $000.00

Investment Rate of Return @

Total Value of Investing $000,000

Total Interest Savings by Pre-Payments $00,000

Extra Value of Investing vs. "Saving" $00,000