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Mortgage Savings Calculator

Perhaps you want to live debt free. Maybe you want your home paid off before retirement. These are two good reasons why making an extra monthly payment might make sense.

For some paying off their mortgage early is part of their investment plan. It is a no risk way to save money. Other no risk options such as a savings account probably have a much lower rate than your mortgage.

If your savings account is your emergency money, consider opening up a Home Equity Line of Credit (HELOC). This will give you some comfort to not keep as large a balance in your savings, and instead use your extra savings to pay down the higher interest rate mortgage. Should you need the money for an emergency, you can always withdraw it from the HELOC, but remember to start paying that back right away too.

Keep in mind there is no required amount you have to add per month. The more you add, the faster your mortgage goes away, and the more interest you save. However, the best strategy is to add what you are comfortable with.

Loan Details

Amount Down: $7,000

Short Cuts: Year 5, Year 10, Year 15, Year 20, Year 25, End of Loan

Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Total
Saved		 Balance
1 123.71 123.71 45.08 45.08 78.63 78.63 27,954.92 | 223.71 223.71 145.08 145.08 78.63 78.63 0.00 27,854.92
2 123.71 247.42 45.20 90.28 78.51 157.14 27,909.72 | 223.71 447.42 145.48 290.56 78.23 156.86 0.28 27,709.44
3 123.71 371.13 45.33 135.61 78.38 235.52 27,864.39 | 223.71 671.13 145.89 436.45 77.82 234.68 0.84 27,563.55
4 123.71 494.84 45.46 181.07 78.25 313.77 27,818.93 | 223.71 894.84 146.30 582.75 77.41 312.08 1.69 27,417.25
5 123.71 618.55 45.58 226.65 78.12 391.90 27,773.35 | 223.71 1,118.55 146.71 729.47 77.00 389.08 2.82 27,270.53
6 123.71 742.26 45.71 272.36 78.00 469.89 27,727.64 | 223.71 1,342.26 147.12 876.59 76.58 465.67 4.23 27,123.41
7 123.71 865.97 45.84 318.20 77.87 547.76 27,681.80 | 223.71 1,565.97 147.54 1,024.13 76.17 541.84 5.93 26,975.87
8 123.71 989.68 45.97 364.17 77.74 625.50 27,635.83 | 223.71 1,789.68 147.95 1,172.08 75.76 617.59 7.91 26,827.92
9 123.71 1,113.39 46.10 410.27 77.61 703.11 27,589.73 | 223.71 2,013.39 148.37 1,320.45 75.34 692.94 10.18 26,679.55
10 123.71 1,237.10 46.23 456.50 77.48 780.59 27,543.50 | 223.71 2,237.10 148.78 1,469.23 74.93 767.86 12.73 26,530.77
11 123.71 1,360.81 46.36 502.86 77.35 857.95 27,497.14 | 223.71 2,460.81 149.20 1,618.44 74.51 842.37 15.58 26,381.56
12 123.71 1,484.52 46.49 549.35 77.22 935.17 27,450.65 | 223.71 2,684.52 149.62 1,768.06 74.09 916.46 18.71 26,231.94
Year 1 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
13 123.71 1,608.23 46.62 595.97 77.09 1,012.26 27,404.03 | 223.71 2,908.23 150.04 1,918.10 73.67 990.12 22.13 26,081.90
14 123.71 1,731.94 46.75 642.72 76.96 1,089.22 27,357.28 | 223.71 3,131.94 150.46 2,068.56 73.25 1,063.37 25.85 25,931.44
15 123.71 1,855.65 46.88 689.60 76.83 1,166.05 27,310.40 | 223.71 3,355.65 150.89 2,219.45 72.82 1,136.20 29.85 25,780.55
16 123.71 1,979.36 47.01 736.61 76.70 1,242.74 27,263.39 | 223.71 3,579.36 151.31 2,370.76 72.40 1,208.60 34.15 25,629.24
17 123.71 2,103.07 47.14 783.75 76.56 1,319.31 27,216.25 | 223.71 3,803.07 151.73 2,522.49 71.98 1,280.57 38.73 25,477.51
18 123.71 2,226.78 47.28 831.03 76.43 1,395.74 27,168.97 | 223.71 4,026.78 152.16 2,674.65 71.55 1,352.12 43.62 25,325.35
19 123.71 2,350.49 47.41 878.44 76.30 1,472.04 27,121.56 | 223.71 4,250.49 152.59 2,827.24 71.12 1,423.24 48.80 25,172.76
20 123.71 2,474.20 47.54 925.98 76.17 1,548.20 27,074.02 | 223.71 4,474.20 153.02 2,980.25 70.69 1,493.94 54.27 25,019.75
21 123.71 2,597.91 47.68 973.66 76.03 1,624.24 27,026.34 | 223.71 4,697.91 153.45 3,133.70 70.26 1,564.20 60.04 24,866.30
22 123.71 2,721.62 47.81 1,021.47 75.90 1,700.14 26,978.53 | 223.71 4,921.62 153.88 3,287.57 69.83 1,634.03 66.10 24,712.43
23 123.71 2,845.33 47.94 1,069.42 75.76 1,775.90 26,930.58 | 223.71 5,145.33 154.31 3,441.88 69.40 1,703.43 72.47 24,558.12
24 123.71 2,969.04 48.08 1,117.50 75.63 1,851.53 26,882.50 | 223.71 5,369.04 154.74 3,596.63 68.97 1,772.40 79.13 24,403.37
Year 2 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
25 123.71 3,092.75 48.21 1,165.71 75.50 1,927.03 26,834.29 | 223.71 5,592.75 155.18 3,751.80 68.53 1,840.93 86.09 24,248.20
26 123.71 3,216.46 48.35 1,214.06 75.36 2,002.39 26,785.94 | 223.71 5,816.46 155.61 3,907.41 68.10 1,909.03 93.35 24,092.59
27 123.71 3,340.17 48.49 1,262.55 75.22 2,077.61 26,737.45 | 223.71 6,040.17 156.05 4,063.46 67.66 1,976.69 100.92 23,936.54
28 123.71 3,463.88 48.62 1,311.17 75.09 2,152.70 26,688.83 | 223.71 6,263.88 156.49 4,219.95 67.22 2,043.91 108.78 23,780.05
29 123.71 3,587.59 48.76 1,359.93 74.95 2,227.65 26,640.07 | 223.71 6,487.59 156.93 4,376.88 66.78 2,110.70 116.95 23,623.12
30 123.71 3,711.30 48.90 1,408.82 74.81 2,302.46 26,591.18 | 223.71 6,711.30 157.37 4,534.25 66.34 2,177.04 125.43 23,465.75
31 123.71 3,835.01 49.03 1,457.85 74.68 2,377.14 26,542.15 | 223.71 6,935.01 157.81 4,692.06 65.90 2,242.94 134.20 23,307.94
32 123.71 3,958.72 49.17 1,507.02 74.54 2,451.68 26,492.98 | 223.71 7,158.72 158.25 4,850.31 65.46 2,308.39 143.29 23,149.69
33 123.71 4,082.43 49.31 1,556.33 74.40 2,526.08 26,443.67 | 223.71 7,382.43 158.70 5,009.01 65.01 2,373.40 152.68 22,990.99
34 123.71 4,206.14 49.45 1,605.78 74.26 2,600.34 26,394.22 | 223.71 7,606.14 159.14 5,168.15 64.57 2,437.97 162.37 22,831.85
35 123.71 4,329.85 49.59 1,655.36 74.12 2,674.47 26,344.64 | 223.71 7,829.85 159.59 5,327.74 64.12 2,502.09 172.38 22,672.26
36 123.71 4,453.56 49.72 1,705.09 73.98 2,748.45 26,294.91 | 223.71 8,053.56 160.04 5,487.78 63.67 2,565.76 182.69 22,512.22
Year 3 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
37 123.71 4,577.27 49.86 1,754.95 73.84 2,822.30 26,245.05 | 223.71 8,277.27 160.49 5,648.27 63.22 2,628.98 193.31 22,351.73
38 123.71 4,700.98 50.00 1,804.96 73.70 2,896.00 26,195.04 | 223.71 8,500.98 160.94 5,809.20 62.77 2,691.75 204.25 22,190.80
39 123.71 4,824.69 50.15 1,855.10 73.56 2,969.57 26,144.90 | 223.71 8,724.69 161.39 5,970.59 62.32 2,754.07 215.49 22,029.41
40 123.71 4,948.40 50.29 1,905.39 73.42 3,042.99 26,094.61 | 223.71 8,948.40 161.84 6,132.44 61.87 2,815.94 227.05 21,867.56
41 123.71 5,072.11 50.43 1,955.82 73.28 3,116.27 26,044.18 | 223.71 9,172.11 162.30 6,294.74 61.41 2,877.35 238.92 21,705.26
42 123.71 5,195.82 50.57 2,006.39 73.14 3,189.41 25,993.61 | 223.71 9,395.82 162.75 6,457.49 60.96 2,938.31 251.10 21,542.51
43 123.71 5,319.53 50.71 2,057.10 73.00 3,262.41 25,942.90 | 223.71 9,619.53 163.21 6,620.70 60.50 2,998.81 263.60 21,379.30
44 123.71 5,443.24 50.85 2,107.95 72.86 3,335.27 25,892.05 | 223.71 9,843.24 163.67 6,784.37 60.04 3,058.85 276.42 21,215.63
45 123.71 5,566.95 51.00 2,158.95 72.71 3,407.98 25,841.05 | 223.71 10,066.95 164.13 6,948.50 59.58 3,118.43 289.55 21,051.50
46 123.71 5,690.66 51.14 2,210.08 72.57 3,480.55 25,789.92 | 223.71 10,290.66 164.59 7,113.09 59.12 3,177.55 303.00 20,886.91
47 123.71 5,814.37 51.28 2,261.37 72.43 3,552.98 25,738.63 | 223.71 10,514.37 165.05 7,278.14 58.66 3,236.20 316.77 20,721.86
48 123.71 5,938.08 51.43 2,312.79 72.28 3,625.26 25,687.21 | 223.71 10,738.08 165.52 7,443.66 58.19 3,294.40 330.86 20,556.34
Year 4 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
49 123.71 6,061.79 51.57 2,364.37 72.14 3,697.40 25,635.63 | 223.71 10,961.79 165.98 7,609.64 57.73 3,352.13 345.27 20,390.36
50 123.71 6,185.50 51.72 2,416.08 71.99 3,769.39 25,583.92 | 223.71 11,185.50 166.45 7,776.08 57.26 3,409.39 360.00 20,223.92
51 123.71 6,309.21 51.86 2,467.94 71.85 3,841.24 25,532.06 | 223.71 11,409.21 166.91 7,943.00 56.80 3,466.18 375.06 20,057.00
52 123.71 6,432.92 52.01 2,519.95 71.70 3,912.94 25,480.05 | 223.71 11,632.92 167.38 8,110.38 56.33 3,522.51 390.43 19,889.62
53 123.71 6,556.63 52.15 2,572.10 71.56 3,984.50 25,427.90 | 223.71 11,856.63 167.85 8,278.23 55.86 3,578.37 406.13 19,721.77
54 123.71 6,680.34 52.30 2,624.40 71.41 4,055.91 25,375.60 | 223.71 12,080.34 168.32 8,446.56 55.39 3,633.75 422.16 19,553.44
55 123.71 6,804.05 52.45 2,676.85 71.26 4,127.17 25,323.15 | 223.71 12,304.05 168.80 8,615.35 54.91 3,688.67 438.51 19,384.65
56 123.71 6,927.76 52.59 2,729.44 71.12 4,198.29 25,270.56 | 223.71 12,527.76 169.27 8,784.63 54.44 3,743.10 455.18 19,215.37
57 123.71 7,051.47 52.74 2,782.18 70.97 4,269.26 25,217.82 | 223.71 12,751.47 169.75 8,954.37 53.96 3,797.07 472.19 19,045.63
58 123.71 7,175.18 52.89 2,835.07 70.82 4,340.08 25,164.93 | 223.71 12,975.18 170.22 9,124.59 53.49 3,850.55 489.52 18,875.41
59 123.71 7,298.89 53.04 2,888.11 70.67 4,410.75 25,111.89 | 223.71 13,198.89 170.70 9,295.30 53.01 3,903.56 507.18 18,704.70
60 123.71 7,422.60 53.19 2,941.30 70.52 4,481.27 25,058.70 | 223.71 13,422.60 171.18 9,466.48 52.53 3,956.09 525.18 18,533.52
Year 5 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
61 123.71 7,546.31 53.34 2,994.63 70.37 4,551.64 25,005.37 | 223.71 13,646.31 171.66 9,638.14 52.05 4,008.14 543.50 18,361.86
62 123.71 7,670.02 53.49 3,048.12 70.22 4,621.87 24,951.88 | 223.71 13,870.02 172.14 9,810.28 51.57 4,059.71 562.16 18,189.72
63 123.71 7,793.73 53.64 3,101.76 70.07 4,691.94 24,898.24 | 223.71 14,093.73 172.63 9,982.91 51.08 4,110.79 581.15 18,017.09
64 123.71 7,917.44 53.79 3,155.54 69.92 4,761.86 24,844.46 | 223.71 14,317.44 173.11 10,156.02 50.60 4,161.39 600.48 17,843.98
65 123.71 8,041.15 53.94 3,209.48 69.77 4,831.63 24,790.52 | 223.71 14,541.15 173.60 10,329.62 50.11 4,211.50 620.13 17,670.38
66 123.71 8,164.86 54.09 3,263.57 69.62 4,901.25 24,736.43 | 223.71 14,764.86 174.09 10,503.70 49.62 4,261.12 640.13 17,496.30
67 123.71 8,288.57 54.24 3,317.81 69.47 4,970.72 24,682.19 | 223.71 14,988.57 174.57 10,678.27 49.14 4,310.26 660.46 17,321.73
68 123.71 8,412.28 54.39 3,372.21 69.32 5,040.04 24,627.79 | 223.71 15,212.28 175.06 10,853.34 48.65 4,358.90 681.13 17,146.66
69 123.71 8,535.99 54.55 3,426.75 69.16 5,109.20 24,573.25 | 223.71 15,435.99 175.56 11,028.90 48.15 4,407.06 702.14 16,971.10
70 123.71 8,659.70 54.70 3,481.45 69.01 5,178.21 24,518.55 | 223.71 15,659.70 176.05 11,204.94 47.66 4,454.72 723.49 16,795.06
71 123.71 8,783.41 54.85 3,536.30 68.86 5,247.07 24,463.70 | 223.71 15,883.41 176.54 11,381.49 47.17 4,501.88 745.18 16,618.51
72 123.71 8,907.12 55.01 3,591.31 68.70 5,315.77 24,408.69 | 223.71 16,107.12 177.04 11,558.53 46.67 4,548.55 767.21 16,441.47
Year 6 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
73 123.71 9,030.83 55.16 3,646.47 68.55 5,384.32 24,353.53 | 223.71 16,330.83 177.54 11,736.06 46.17 4,594.73 789.59 16,263.94
74 123.71 9,154.54 55.32 3,701.79 68.39 5,452.71 24,298.21 | 223.71 16,554.54 178.03 11,914.10 45.67 4,640.40 812.31 16,085.90
75 123.71 9,278.25 55.47 3,757.26 68.24 5,520.95 24,242.74 | 223.71 16,778.25 178.53 12,092.63 45.17 4,685.58 835.37 15,907.37
76 123.71 9,401.96 55.63 3,812.89 68.08 5,589.03 24,187.11 | 223.71 17,001.96 179.04 12,271.67 44.67 4,730.25 858.78 15,728.33
77 123.71 9,525.67 55.78 3,868.67 67.93 5,656.95 24,131.33 | 223.71 17,225.67 179.54 12,451.21 44.17 4,774.42 882.53 15,548.79
78 123.71 9,649.38 55.94 3,924.61 67.77 5,724.72 24,075.39 | 223.71 17,449.38 180.04 12,631.25 43.67 4,818.09 906.64 15,368.75
79 123.71 9,773.09 56.10 3,980.71 67.61 5,792.33 24,019.29 | 223.71 17,673.09 180.55 12,811.80 43.16 4,861.25 931.09 15,188.20
80 123.71 9,896.80 56.26 4,036.97 67.45 5,859.79 23,963.03 | 223.71 17,896.80 181.06 12,992.86 42.65 4,903.90 955.89 15,007.14
81 123.71 10,020.51 56.41 4,093.38 67.30 5,927.09 23,906.62 | 223.71 18,120.51 181.56 13,174.42 42.15 4,946.05 981.04 14,825.58
82 123.71 10,144.22 56.57 4,149.95 67.14 5,994.22 23,850.05 | 223.71 18,344.22 182.07 13,356.49 41.64 4,987.68 1,006.54 14,643.51
83 123.71 10,267.93 56.73 4,206.68 66.98 6,061.20 23,793.32 | 223.71 18,567.93 182.59 13,539.08 41.12 5,028.80 1,032.40 14,460.92
84 123.71 10,391.64 56.89 4,263.57 66.82 6,128.02 23,736.43 | 223.71 18,791.64 183.10 13,722.18 40.61 5,069.42 1,058.61 14,277.82
Year 7 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
85 123.71 10,515.35 57.05 4,320.62 66.66 6,194.68 23,679.38 | 223.71 19,015.35 183.61 13,905.79 40.10 5,109.51 1,085.17 14,094.21
86 123.71 10,639.06 57.21 4,377.83 66.50 6,261.18 23,622.17 | 223.71 19,239.06 184.13 14,089.92 39.58 5,149.09 1,112.09 13,910.08
87 123.71 10,762.77 57.37 4,435.20 66.34 6,327.52 23,564.80 | 223.71 19,462.77 184.65 14,274.56 39.06 5,188.16 1,139.36 13,725.44
88 123.71 10,886.48 57.53 4,492.73 66.18 6,393.70 23,507.27 | 223.71 19,686.48 185.16 14,459.73 38.55 5,226.70 1,166.99 13,540.27
89 123.71 11,010.19 57.69 4,550.43 66.02 6,459.71 23,449.57 | 223.71 19,910.19 185.68 14,645.41 38.03 5,264.73 1,194.98 13,354.59
90 123.71 11,133.90 57.86 4,608.28 65.85 6,525.57 23,391.72 | 223.71 20,133.90 186.21 14,831.62 37.50 5,302.23 1,223.33 13,168.38
91 123.71 11,257.61 58.02 4,666.30 65.69 6,591.26 23,333.70 | 223.71 20,357.61 186.73 15,018.35 36.98 5,339.21 1,252.05 12,981.65
92 123.71 11,381.32 58.18 4,724.48 65.53 6,656.79 23,275.52 | 223.71 20,581.32 187.25 15,205.60 36.46 5,375.67 1,281.12 12,794.40
93 123.71 11,505.03 58.34 4,782.83 65.37 6,722.15 23,217.17 | 223.71 20,805.03 187.78 15,393.38 35.93 5,411.60 1,310.55 12,606.62
94 123.71 11,628.74 58.51 4,841.33 65.20 6,787.36 23,158.67 | 223.71 21,028.74 188.31 15,581.68 35.40 5,447.01 1,340.35 12,418.32
95 123.71 11,752.45 58.67 4,900.01 65.04 6,852.39 23,099.99 | 223.71 21,252.45 188.83 15,770.52 34.87 5,481.88 1,370.51 12,229.48
96 123.71 11,876.16 58.84 4,958.84 64.87 6,917.27 23,041.16 | 223.71 21,476.16 189.36 15,959.88 34.34 5,516.22 1,401.04 12,040.12
Year 8 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
97 123.71 11,999.87 59.00 5,017.84 64.71 6,981.97 22,982.16 | 223.71 21,699.87 189.90 16,149.78 33.81 5,550.04 1,431.93 11,850.22
98 123.71 12,123.58 59.17 5,077.01 64.54 7,046.51 22,922.99 | 223.71 21,923.58 190.43 16,340.21 33.28 5,583.32 1,463.20 11,659.79
99 123.71 12,247.29 59.33 5,136.35 64.38 7,110.89 22,863.65 | 223.71 22,147.29 190.96 16,531.17 32.74 5,616.06 1,494.83 11,468.83
100 123.71 12,371.00 59.50 5,195.85 64.21 7,175.10 22,804.15 | 223.71 22,371.00 191.50 16,722.68 32.21 5,648.27 1,526.83 11,277.32
101 123.71 12,494.71 59.67 5,255.52 64.04 7,239.14 22,744.48 | 223.71 22,594.71 192.04 16,914.71 31.67 5,679.94 1,559.20 11,085.29
102 123.71 12,618.42 59.84 5,315.35 63.87 7,303.01 22,684.65 | 223.71 22,818.42 192.58 17,107.29 31.13 5,711.07 1,591.94 10,892.71
103 123.71 12,742.13 60.00 5,375.35 63.71 7,366.72 22,624.65 | 223.71 23,042.13 193.12 17,300.41 30.59 5,741.66 1,625.06 10,699.59
104 123.71 12,865.84 60.17 5,435.53 63.54 7,430.26 22,564.47 | 223.71 23,265.84 193.66 17,494.07 30.05 5,771.71 1,658.55 10,505.93
105 123.71 12,989.55 60.34 5,495.87 63.37 7,493.63 22,504.13 | 223.71 23,489.55 194.21 17,688.28 29.50 5,801.21 1,692.41 10,311.72
106 123.71 13,113.26 60.51 5,556.38 63.20 7,556.83 22,443.62 | 223.71 23,713.26 194.75 17,883.03 28.96 5,830.17 1,726.65 10,116.97
107 123.71 13,236.97 60.68 5,617.06 63.03 7,619.85 22,382.94 | 223.71 23,936.97 195.30 18,078.33 28.41 5,858.58 1,761.27 9,921.67
108 123.71 13,360.68 60.85 5,677.91 62.86 7,682.71 22,322.09 | 223.71 24,160.68 195.85 18,274.17 27.86 5,886.45 1,796.27 9,725.83
Year 9 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
109 123.71 13,484.39 61.02 5,738.93 62.69 7,745.40 22,261.07 | 223.71 24,384.39 196.40 18,470.57 27.31 5,913.76 1,831.64 9,529.43
110 123.71 13,608.10 61.19 5,800.12 62.52 7,807.92 22,199.88 | 223.71 24,608.10 196.95 18,667.52 26.76 5,940.52 1,867.39 9,332.48
111 123.71 13,731.81 61.36 5,861.49 62.34 7,870.26 22,138.51 | 223.71 24,831.81 197.50 18,865.02 26.21 5,966.73 1,903.53 9,134.98
112 123.71 13,855.52 61.54 5,923.02 62.17 7,932.43 22,076.98 | 223.71 25,055.52 198.06 19,063.07 25.65 5,992.39 1,940.05 8,936.93
113 123.71 13,979.23 61.71 5,984.73 62.00 7,994.43 22,015.27 | 223.71 25,279.23 198.61 19,261.68 25.10 6,017.48 1,976.95 8,738.32
114 123.71 14,102.94 61.88 6,046.62 61.83 8,056.26 21,953.38 | 223.71 25,502.94 199.17 19,460.85 24.54 6,042.02 2,014.24 8,539.15
115 123.71 14,226.65 62.06 6,108.67 61.65 8,117.91 21,891.33 | 223.71 25,726.65 199.73 19,660.58 23.98 6,066.00 2,051.91 8,339.42
116 123.71 14,350.36 62.23 6,170.91 61.48 8,179.39 21,829.09 | 223.71 25,950.36 200.29 19,860.87 23.42 6,089.42 2,089.97 8,139.13
117 123.71 14,474.07 62.41 6,233.31 61.30 8,240.69 21,766.69 | 223.71 26,174.07 200.85 20,061.72 22.86 6,112.28 2,128.41 7,938.28
118 123.71 14,597.78 62.58 6,295.89 61.13 8,301.82 21,704.11 | 223.71 26,397.78 201.42 20,263.14 22.29 6,134.58 2,167.25 7,736.86
119 123.71 14,721.49 62.76 6,358.65 60.95 8,362.77 21,641.35 | 223.71 26,621.49 201.98 20,465.12 21.73 6,156.30 2,206.47 7,534.88
120 123.71 14,845.20 62.93 6,421.58 60.78 8,423.55 21,578.42 | 223.71 26,845.20 202.55 20,667.67 21.16 6,177.46 2,246.09 7,332.33
Year 10 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
121 123.71 14,968.91 63.11 6,484.69 60.60 8,484.15 21,515.31 | 223.71 27,068.91 203.12 20,870.79 20.59 6,198.06 2,286.10 7,129.21
122 123.71 15,092.62 63.29 6,547.98 60.42 8,544.57 21,452.02 | 223.71 27,292.62 203.69 21,074.48 20.02 6,218.08 2,326.50 6,925.52
123 123.71 15,216.33 63.47 6,611.45 60.24 8,604.82 21,388.55 | 223.71 27,516.33 204.26 21,278.74 19.45 6,237.53 2,367.29 6,721.26
124 123.71 15,340.04 63.64 6,675.09 60.07 8,664.88 21,324.91 | 223.71 27,740.04 204.83 21,483.57 18.88 6,256.40 2,408.48 6,516.43
125 123.71 15,463.75 63.82 6,738.91 59.89 8,724.77 21,261.09 | 223.71 27,963.75 205.41 21,688.98 18.30 6,274.70 2,450.07 6,311.02
126 123.71 15,587.46 64.00 6,802.91 59.71 8,784.48 21,197.09 | 223.71 28,187.46 205.99 21,894.97 17.72 6,292.42 2,492.05 6,105.03
127 123.71 15,711.17 64.18 6,867.09 59.53 8,844.01 21,132.91 | 223.71 28,411.17 206.56 22,101.53 17.14 6,309.57 2,534.44 5,898.47
128 123.71 15,834.88 64.36 6,931.45 59.35 8,903.36 21,068.55 | 223.71 28,634.88 207.14 22,308.68 16.56 6,326.13 2,577.22 5,691.32
129 123.71 15,958.59 64.54 6,996.00 59.17 8,962.52 21,004.00 | 223.71 28,858.59 207.73 22,516.40 15.98 6,342.12 2,620.41 5,483.60
130 123.71 16,082.30 64.72 7,060.72 58.99 9,021.51 20,939.28 | 223.71 29,082.30 208.31 22,724.71 15.40 6,357.52 2,663.99 5,275.29
131 123.71 16,206.01 64.90 7,125.63 58.80 9,080.31 20,874.37 | 223.71 29,306.01 208.89 22,933.61 14.81 6,372.33 2,707.98 5,066.39
132 123.71 16,329.72 65.09 7,190.71 58.62 9,138.94 20,809.29 | 223.71 29,529.72 209.48 23,143.09 14.23 6,386.56 2,752.38 4,856.91
Year 11 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
133 123.71 16,453.43 65.27 7,255.98 58.44 9,197.38 20,744.02 | 223.71 29,753.43 210.07 23,353.16 13.64 6,400.20 2,797.18 4,646.84
134 123.71 16,577.14 65.45 7,321.44 58.26 9,255.63 20,678.56 | 223.71 29,977.14 210.66 23,563.82 13.05 6,413.25 2,842.38 4,436.18
135 123.71 16,700.85 65.64 7,387.07 58.07 9,313.70 20,612.93 | 223.71 30,200.85 211.25 23,775.07 12.46 6,425.71 2,888.00 4,224.93
136 123.71 16,824.56 65.82 7,452.89 57.89 9,371.59 20,547.11 | 223.71 30,424.56 211.84 23,986.91 11.87 6,437.57 2,934.02 4,013.09
137 123.71 16,948.27 66.01 7,518.90 57.70 9,429.29 20,481.10 | 223.71 30,648.27 212.44 24,199.35 11.27 6,448.84 2,980.45 3,800.65
138 123.71 17,071.98 66.19 7,585.09 57.52 9,486.81 20,414.91 | 223.71 30,871.98 213.04 24,412.39 10.67 6,459.52 3,027.30 3,587.61
139 123.71 17,195.69 66.38 7,651.47 57.33 9,544.14 20,348.53 | 223.71 31,095.69 213.63 24,626.02 10.08 6,469.59 3,074.55 3,373.98
140 123.71 17,319.40 66.56 7,718.03 57.15 9,601.29 20,281.97 | 223.71 31,319.40 214.23 24,840.26 9.48 6,479.07 3,122.22 3,159.74
141 123.71 17,443.11 66.75 7,784.78 56.96 9,658.25 20,215.22 | 223.71 31,543.11 214.84 25,055.09 8.87 6,487.94 3,170.31 2,944.91
142 123.71 17,566.82 66.94 7,851.72 56.77 9,715.02 20,148.28 | 223.71 31,766.82 215.44 25,270.53 8.27 6,496.21 3,218.81 2,729.47
143 123.71 17,690.53 67.13 7,918.85 56.58 9,771.60 20,081.15 | 223.71 31,990.53 216.04 25,486.58 7.67 6,503.88 3,267.73 2,513.42
144 123.71 17,814.24 67.31 7,986.16 56.39 9,828.00 20,013.84 | 223.71 32,214.24 216.65 25,703.23 7.06 6,510.94 3,317.06 2,296.77
Year 12 Completed - Top of Page, Short Cuts
Month Payment Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Balance   Payment
Plus Extra		 Cumulative
Payment		 Principal Cumulative
Principal		 Interest Cumulative
Interest		 Interest
Saved		 Balance
145 123.71 17,937.95 67.50 8,053.67 56.21 9,884.20 19,946.33 | 223.71 32,437.95 217.26 25,920.49 6.45 6,517.39 3,366.82 2,079.51
146 123.71 18,061.66 67.69 8,121.36 56.02 9,940.22 19,878.64 | 223.71 32,661.66 217.87 26,138.36 5.84 6,523.23 3,416.99 1,861.64
147 123.71 18,185.37 67.88 8,189.25 55.83 9,996.04 19,810.75 | 223.71 32,885.37 218.48 26,356.84 5.23 6,528.45 3,467.59 1,643.16
148 123.71 18,309.08 68.07 8,257.32 55.64 10,051.68 19,742.68 | 223.71 33,109.08 219.09 26,575.93 4.61 6,533.07 3,518.61 1,424.07
149 123.71 18,432.79 68.27 8,325.59 55.44 10,107.12 19,674.41 | 223.71 33,332.79 219.71 26,795.64 4.00 6,537.07 3,570.06 1,204.36
150 123.71 18,556.50 68.46 8,394.04 55.25 10,162.38 19,605.96 | 223.71 33,556.50 220.33 27,015.97 3.38 6,540.45 3,621.93 984.03
151 123.71 18,680.21 68.65 8,462.69 55.06 10,217.44 19,537.31 | 223.71 33,780.21 220.95 27,236.92 2.76 6,543.21 3,674.22 763.08
152 123.71 18,803.92 68.84 8,531.53 54.87 10,272.30 19,468.47 | 223.71 34,003.92 221.57 27,458.48 2.14 6,545.36 3,726.95 541.52
153 123.71 18,927.63 69.04 8,600.57 54.67 10,326.98 19,399.43 | 223.71 34,227.63 222.19 27,680.67 1.52 6,546.88 3,780.10 319.33
154 123.71 19,051.34 69.23 8,669.80 54.48 10,381.46 19,330.20 | 223.71 34,451.34 222.81 27,903.48 0.90 6,547.77 3,833.68 96.52
155 123.71 19,175.05 69.42 8,739.22 54.29 10,435.74 19,260.78 | 96.79 34,548.13 96.52 28,126.92 0.27 6,548.04 3,887.70 0.00

Loan Paid off in Year 13.

Total Interest Based on 30 Year Loan with No Extra Payment $16,535.40.

Total Interest Saved with Pre-Payment is $9,987.36