Search Open Houses Buyer's Rebate Sell for 2% Sell for $3,500 Statistics Help Tools Saved Searches Testimonials Blog Contact

Oahu Real Estate Logo

20% Rebate for Buyers
$3,500 Flat Fee for Sellers
2% Full Service for Sellers


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: $3,250

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

Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Total
Saved
Balance
1 125.06 49.25 75.81 75.81 29,200.75 225.06 149.25 75.81 75.81 0.00 29,100.75
2 125.06 49.38 75.68 151.48 29,151.36 225.06 149.64 75.42 151.23 0.26 28,951.10
3 125.06 49.51 75.55 227.04 29,101.85 225.06 150.03 75.03 226.26 0.78 28,801.07
4 125.06 49.64 75.42 302.46 29,052.21 225.06 150.42 74.64 300.90 1.56 28,650.66
5 125.06 49.77 75.29 377.75 29,002.45 225.06 150.81 74.25 375.15 2.60 28,499.85
6 125.06 49.90 75.16 452.92 28,952.55 225.06 151.20 73.86 449.02 3.90 28,348.65
7 125.06 50.03 75.04 527.95 28,902.52 225.06 151.59 73.47 522.49 5.47 28,197.06
8 125.06 50.16 74.91 602.86 28,852.37 225.06 151.98 73.08 595.56 7.29 28,045.07
9 125.06 50.29 74.78 677.63 28,802.08 225.06 152.38 72.68 668.25 9.39 27,892.70
10 125.06 50.42 74.65 752.28 28,751.67 225.06 152.77 72.29 740.53 11.74 27,739.92
11 125.06 50.55 74.51 826.79 28,701.12 225.06 153.17 71.89 812.43 14.37 27,586.75
12 125.06 50.68 74.38 901.18 28,650.44 225.06 153.57 71.50 883.92 17.25 27,433.19
Year 1 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
13 125.06 50.81 74.25 975.43 28,599.63 225.06 153.96 71.10 955.02 20.41 27,279.22
14 125.06 50.94 74.12 1,049.55 28,548.69 225.06 154.36 70.70 1,025.72 23.83 27,124.86
15 125.06 51.07 73.99 1,123.54 28,497.62 225.06 154.76 70.30 1,096.02 27.52 26,970.10
16 125.06 51.20 73.86 1,197.39 28,446.42 225.06 155.16 69.90 1,165.92 31.48 26,814.94
17 125.06 51.34 73.72 1,271.12 28,395.08 225.06 155.57 69.50 1,235.41 35.71 26,659.37
18 125.06 51.47 73.59 1,344.71 28,343.61 225.06 155.97 69.09 1,304.50 40.21 26,503.40
19 125.06 51.60 73.46 1,418.17 28,292.00 225.06 156.37 68.69 1,373.19 44.98 26,347.03
20 125.06 51.74 73.32 1,491.49 28,240.27 225.06 156.78 68.28 1,441.47 50.02 26,190.25
21 125.06 51.87 73.19 1,564.68 28,188.39 225.06 157.18 67.88 1,509.35 55.33 26,033.06
22 125.06 52.01 73.05 1,637.73 28,136.39 225.06 157.59 67.47 1,576.82 60.91 25,875.47
23 125.06 52.14 72.92 1,710.65 28,084.25 225.06 158.00 67.06 1,643.88 66.77 25,717.47
24 125.06 52.28 72.79 1,783.44 28,031.97 225.06 158.41 66.65 1,710.53 72.91 25,559.06
Year 2 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
25 125.06 52.41 72.65 1,856.09 27,979.56 225.06 158.82 66.24 1,776.77 79.32 25,400.24
26 125.06 52.55 72.51 1,928.60 27,927.01 225.06 159.23 65.83 1,842.60 86.00 25,241.01
27 125.06 52.68 72.38 2,000.98 27,874.33 225.06 159.64 65.42 1,908.02 92.96 25,081.36
28 125.06 52.82 72.24 2,073.22 27,821.51 225.06 160.06 65.00 1,973.02 100.20 24,921.31
29 125.06 52.96 72.10 2,145.32 27,768.55 225.06 160.47 64.59 2,037.61 107.72 24,760.83
30 125.06 53.09 71.97 2,217.29 27,715.46 225.06 160.89 64.17 2,101.78 115.51 24,599.94
31 125.06 53.23 71.83 2,289.12 27,662.22 225.06 161.31 63.75 2,165.53 123.59 24,438.64
32 125.06 53.37 71.69 2,360.81 27,608.85 225.06 161.72 63.34 2,228.87 131.94 24,276.91
33 125.06 53.51 71.55 2,432.37 27,555.34 225.06 162.14 62.92 2,291.79 140.58 24,114.77
34 125.06 53.65 71.41 2,503.78 27,501.70 225.06 162.56 62.50 2,354.29 149.49 23,952.20
35 125.06 53.79 71.28 2,575.05 27,447.91 225.06 162.99 62.08 2,416.36 158.69 23,789.22
36 125.06 53.93 71.14 2,646.19 27,393.99 225.06 163.41 61.65 2,478.02 168.18 23,625.81
Year 3 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
37 125.06 54.07 71.00 2,717.19 27,339.92 225.06 163.83 61.23 2,539.25 177.94 23,461.98
38 125.06 54.21 70.86 2,788.04 27,285.72 225.06 164.26 60.81 2,600.05 187.99 23,297.72
39 125.06 54.35 70.72 2,858.76 27,231.37 225.06 164.68 60.38 2,660.43 198.33 23,133.04
40 125.06 54.49 70.57 2,929.33 27,176.88 225.06 165.11 59.95 2,720.38 208.95 22,967.94
41 125.06 54.63 70.43 2,999.77 27,122.26 225.06 165.54 59.53 2,779.91 219.86 22,802.40
42 125.06 54.77 70.29 3,070.06 27,067.49 225.06 165.97 59.10 2,839.01 231.05 22,636.43
43 125.06 54.91 70.15 3,140.21 27,012.58 225.06 166.40 58.67 2,897.67 242.54 22,470.04
44 125.06 55.05 70.01 3,210.22 26,957.52 225.06 166.83 58.23 2,955.91 254.31 22,303.21
45 125.06 55.20 69.86 3,280.08 26,902.33 225.06 167.26 57.80 3,013.71 266.37 22,135.95
46 125.06 55.34 69.72 3,349.80 26,846.99 225.06 167.69 57.37 3,071.08 278.72 21,968.26
47 125.06 55.48 69.58 3,419.38 26,791.50 225.06 168.13 56.93 3,128.01 291.37 21,800.14
48 125.06 55.63 69.43 3,488.82 26,735.88 225.06 168.56 56.50 3,184.51 304.30 21,631.57
Year 4 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
49 125.06 55.77 69.29 3,558.11 26,680.11 225.06 169.00 56.06 3,240.57 317.53 21,462.57
50 125.06 55.92 69.15 3,627.25 26,624.19 225.06 169.44 55.62 3,296.20 331.05 21,293.14
51 125.06 56.06 69.00 3,696.25 26,568.13 225.06 169.88 55.18 3,351.38 344.87 21,123.26
52 125.06 56.21 68.86 3,765.11 26,511.92 225.06 170.32 54.74 3,406.13 358.98 20,952.94
53 125.06 56.35 68.71 3,833.82 26,455.57 225.06 170.76 54.30 3,460.43 373.39 20,782.18
54 125.06 56.50 68.56 3,902.38 26,399.08 225.06 171.20 53.86 3,514.29 388.09 20,610.98
55 125.06 56.64 68.42 3,970.80 26,342.43 225.06 171.64 53.42 3,567.71 403.09 20,439.34
56 125.06 56.79 68.27 4,039.07 26,285.64 225.06 172.09 52.97 3,620.68 418.39 20,267.25
57 125.06 56.94 68.12 4,107.19 26,228.70 225.06 172.54 52.53 3,673.20 433.99 20,094.71
58 125.06 57.09 67.98 4,175.17 26,171.62 225.06 172.98 52.08 3,725.28 449.89 19,921.73
59 125.06 57.23 67.83 4,243.00 26,114.39 225.06 173.43 51.63 3,776.91 466.08 19,748.30
60 125.06 57.38 67.68 4,310.68 26,057.01 225.06 173.88 51.18 3,828.09 482.58 19,574.42
Year 5 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
61 125.06 57.53 67.53 4,378.21 25,999.48 225.06 174.33 50.73 3,878.83 499.38 19,400.09
62 125.06 57.68 67.38 4,445.59 25,941.80 225.06 174.78 50.28 3,929.10 516.49 19,225.31
63 125.06 57.83 67.23 4,512.82 25,883.97 225.06 175.24 49.83 3,978.93 533.89 19,050.07
64 125.06 57.98 67.08 4,579.91 25,825.99 225.06 175.69 49.37 4,028.30 551.61 18,874.38
65 125.06 58.13 66.93 4,646.84 25,767.86 225.06 176.15 48.92 4,077.22 569.62 18,698.24
66 125.06 58.28 66.78 4,713.62 25,709.58 225.06 176.60 48.46 4,125.68 587.94 18,521.64
67 125.06 58.43 66.63 4,780.25 25,651.15 225.06 177.06 48.00 4,173.68 606.57 18,344.58
68 125.06 58.58 66.48 4,846.73 25,592.57 225.06 177.52 47.54 4,221.22 625.51 18,167.06
69 125.06 58.73 66.33 4,913.06 25,533.83 225.06 177.98 47.08 4,268.30 644.75 17,989.08
70 125.06 58.89 66.18 4,979.23 25,474.95 225.06 178.44 46.62 4,314.93 664.31 17,810.64
71 125.06 59.04 66.02 5,045.26 25,415.91 225.06 178.90 46.16 4,361.09 684.17 17,631.74
72 125.06 59.19 65.87 5,111.13 25,356.72 225.06 179.37 45.70 4,406.78 704.34 17,452.37
Year 6 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
73 125.06 59.35 65.72 5,176.84 25,297.37 225.06 179.83 45.23 4,452.01 724.83 17,272.54
74 125.06 59.50 65.56 5,242.40 25,237.87 225.06 180.30 44.76 4,496.78 745.63 17,092.25
75 125.06 59.65 65.41 5,307.81 25,178.22 225.06 180.76 44.30 4,541.07 766.74 16,911.48
76 125.06 59.81 65.25 5,373.07 25,118.41 225.06 181.23 43.83 4,584.90 788.16 16,730.25
77 125.06 59.96 65.10 5,438.16 25,058.45 225.06 181.70 43.36 4,628.26 809.90 16,548.55
78 125.06 60.12 64.94 5,503.11 24,998.33 225.06 182.17 42.89 4,671.15 831.96 16,366.37
79 125.06 60.27 64.79 5,567.89 24,938.06 225.06 182.65 42.42 4,713.57 854.33 16,183.73
80 125.06 60.43 64.63 5,632.53 24,877.63 225.06 183.12 41.94 4,755.51 877.02 16,000.61
81 125.06 60.59 64.47 5,697.00 24,817.04 225.06 183.59 41.47 4,796.98 900.02 15,817.02
82 125.06 60.74 64.32 5,761.32 24,756.30 225.06 184.07 40.99 4,837.97 923.35 15,632.95
83 125.06 60.90 64.16 5,825.48 24,695.40 225.06 184.55 40.52 4,878.49 946.99 15,448.40
84 125.06 61.06 64.00 5,889.48 24,634.34 225.06 185.02 40.04 4,918.52 970.96 15,263.38
Year 7 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
85 125.06 61.22 63.84 5,953.32 24,573.12 225.06 185.50 39.56 4,958.08 995.24 15,077.88
86 125.06 61.38 63.69 6,017.01 24,511.74 225.06 185.98 39.08 4,997.16 1,019.85 14,891.89
87 125.06 61.53 63.53 6,080.54 24,450.21 225.06 186.47 38.59 5,035.75 1,044.78 14,705.43
88 125.06 61.69 63.37 6,143.90 24,388.51 225.06 186.95 38.11 5,073.86 1,070.04 14,518.48
89 125.06 61.85 63.21 6,207.11 24,326.66 225.06 187.43 37.63 5,111.49 1,095.62 14,331.04
90 125.06 62.01 63.05 6,270.16 24,264.65 225.06 187.92 37.14 5,148.63 1,121.52 14,143.12
91 125.06 62.18 62.89 6,333.04 24,202.47 225.06 188.41 36.65 5,185.29 1,147.76 13,954.71
92 125.06 62.34 62.72 6,395.77 24,140.13 225.06 188.90 36.17 5,221.45 1,174.31 13,765.82
93 125.06 62.50 62.56 6,458.33 24,077.64 225.06 189.38 35.68 5,257.13 1,201.20 13,576.43
94 125.06 62.66 62.40 6,520.73 24,014.98 225.06 189.88 35.19 5,292.31 1,228.42 13,386.56
95 125.06 62.82 62.24 6,582.97 23,952.15 225.06 190.37 34.69 5,327.01 1,255.96 13,196.19
96 125.06 62.99 62.08 6,645.05 23,889.17 225.06 190.86 34.20 5,361.21 1,283.84 13,005.33
Year 8 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
97 125.06 63.15 61.91 6,706.96 23,826.02 225.06 191.36 33.71 5,394.91 1,312.05 12,813.97
98 125.06 63.31 61.75 6,768.71 23,762.71 225.06 191.85 33.21 5,428.12 1,340.59 12,622.12
99 125.06 63.48 61.59 6,830.29 23,699.23 225.06 192.35 32.71 5,460.83 1,369.46 12,429.77
100 125.06 63.64 61.42 6,891.71 23,635.59 225.06 192.85 32.21 5,493.05 1,398.66 12,236.93
101 125.06 63.81 61.26 6,952.97 23,571.79 225.06 193.35 31.71 5,524.76 1,428.21 12,043.58
102 125.06 63.97 61.09 7,014.06 23,507.81 225.06 193.85 31.21 5,555.98 1,458.08 11,849.73
103 125.06 64.14 60.92 7,074.98 23,443.68 225.06 194.35 30.71 5,586.69 1,488.30 11,655.38
104 125.06 64.30 60.76 7,135.74 23,379.37 225.06 194.85 30.21 5,616.89 1,518.85 11,460.53
105 125.06 64.47 60.59 7,196.33 23,314.90 225.06 195.36 29.70 5,646.59 1,549.74 11,265.17
106 125.06 64.64 60.42 7,256.76 23,250.27 225.06 195.87 29.20 5,675.79 1,580.97 11,069.30
107 125.06 64.80 60.26 7,317.01 23,185.46 225.06 196.37 28.69 5,704.48 1,612.54 10,872.93
108 125.06 64.97 60.09 7,377.10 23,120.49 225.06 196.88 28.18 5,732.66 1,644.45 10,676.05
Year 9 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
109 125.06 65.14 59.92 7,437.02 23,055.35 225.06 197.39 27.67 5,760.33 1,676.70 10,478.65
110 125.06 65.31 59.75 7,496.78 22,990.04 225.06 197.90 27.16 5,787.48 1,709.29 10,280.75
111 125.06 65.48 59.58 7,556.36 22,924.56 225.06 198.42 26.64 5,814.13 1,742.23 10,082.33
112 125.06 65.65 59.41 7,615.77 22,858.91 225.06 198.93 26.13 5,840.26 1,775.51 9,883.40
113 125.06 65.82 59.24 7,675.01 22,793.10 225.06 199.45 25.61 5,865.87 1,809.14 9,683.95
114 125.06 65.99 59.07 7,734.09 22,727.11 225.06 199.96 25.10 5,890.97 1,843.12 9,483.99
115 125.06 66.16 58.90 7,792.99 22,660.95 225.06 200.48 24.58 5,915.55 1,877.44 9,283.51
116 125.06 66.33 58.73 7,851.72 22,594.61 225.06 201.00 24.06 5,939.61 1,912.11 9,082.51
117 125.06 66.50 58.56 7,910.27 22,528.11 225.06 201.52 23.54 5,963.15 1,947.13 8,880.98
118 125.06 66.68 58.39 7,968.66 22,461.44 225.06 202.04 23.02 5,986.16 1,982.50 8,678.94
119 125.06 66.85 58.21 8,026.87 22,394.59 225.06 202.57 22.49 6,008.66 2,018.22 8,476.37
120 125.06 67.02 58.04 8,084.91 22,327.56 225.06 203.09 21.97 6,030.62 2,054.29 8,273.28
Year 10 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
121 125.06 67.20 57.87 8,142.78 22,260.37 225.06 203.62 21.44 6,052.07 2,090.71 8,069.66
122 125.06 67.37 57.69 8,200.47 22,193.00 225.06 204.15 20.91 6,072.98 2,127.49 7,865.51
123 125.06 67.54 57.52 8,257.99 22,125.46 225.06 204.68 20.38 6,093.37 2,164.62 7,660.83
124 125.06 67.72 57.34 8,315.33 22,057.74 225.06 205.21 19.85 6,113.22 2,202.11 7,455.63
125 125.06 67.89 57.17 8,372.49 21,989.84 225.06 205.74 19.32 6,132.54 2,239.95 7,249.89
126 125.06 68.07 56.99 8,429.48 21,921.77 225.06 206.27 18.79 6,151.33 2,278.15 7,043.62
127 125.06 68.25 56.81 8,486.30 21,853.52 225.06 206.81 18.25 6,169.59 2,316.71 6,836.81
128 125.06 68.42 56.64 8,542.93 21,785.10 225.06 207.34 17.72 6,187.30 2,355.63 6,629.47
129 125.06 68.60 56.46 8,599.39 21,716.50 225.06 207.88 17.18 6,204.49 2,394.91 6,421.59
130 125.06 68.78 56.28 8,655.68 21,647.72 225.06 208.42 16.64 6,221.13 2,434.55 6,213.17
131 125.06 68.96 56.10 8,711.78 21,578.76 225.06 208.96 16.10 6,237.23 2,474.55 6,004.21
132 125.06 69.14 55.92 8,767.71 21,509.62 225.06 209.50 15.56 6,252.79 2,514.91 5,794.71
Year 11 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
133 125.06 69.32 55.75 8,823.45 21,440.31 225.06 210.04 15.02 6,267.81 2,555.64 5,584.67
134 125.06 69.50 55.57 8,879.02 21,370.81 225.06 210.59 14.47 6,282.28 2,596.73 5,374.08
135 125.06 69.68 55.39 8,934.40 21,301.14 225.06 211.13 13.93 6,296.21 2,638.19 5,162.95
136 125.06 69.86 55.21 8,989.61 21,231.28 225.06 211.68 13.38 6,309.59 2,680.02 4,951.27
137 125.06 70.04 55.02 9,044.63 21,161.25 225.06 212.23 12.83 6,322.42 2,722.21 4,739.04
138 125.06 70.22 54.84 9,099.48 21,091.03 225.06 212.78 12.28 6,334.71 2,764.77 4,526.26
139 125.06 70.40 54.66 9,154.14 21,020.63 225.06 213.33 11.73 6,346.44 2,807.70 4,312.93
140 125.06 70.58 54.48 9,208.62 20,950.04 225.06 213.88 11.18 6,357.61 2,851.00 4,099.04
141 125.06 70.77 54.30 9,262.91 20,879.28 225.06 214.44 10.62 6,368.24 2,894.67 3,884.61
142 125.06 70.95 54.11 9,317.02 20,808.33 225.06 214.99 10.07 6,378.31 2,938.72 3,669.61
143 125.06 71.13 53.93 9,370.95 20,737.20 225.06 215.55 9.51 6,387.82 2,983.14 3,454.06
144 125.06 71.32 53.74 9,424.70 20,665.88 225.06 216.11 8.95 6,396.77 3,027.93 3,237.95
Year 12 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
145 125.06 71.50 53.56 9,478.25 20,594.38 225.06 216.67 8.39 6,405.16 3,073.09 3,021.28
146 125.06 71.69 53.37 9,531.63 20,522.69 225.06 217.23 7.83 6,412.99 3,118.64 2,804.05
147 125.06 71.87 53.19 9,584.82 20,450.82 225.06 217.79 7.27 6,420.26 3,164.56 2,586.26
148 125.06 72.06 53.00 9,637.82 20,378.76 225.06 218.36 6.70 6,426.96 3,210.86 2,367.90
149 125.06 72.25 52.81 9,690.63 20,306.51 225.06 218.92 6.14 6,433.10 3,257.54 2,148.97
150 125.06 72.43 52.63 9,743.26 20,234.08 225.06 219.49 5.57 6,438.67 3,304.59 1,929.48
151 125.06 72.62 52.44 9,795.70 20,161.46 225.06 220.06 5.00 6,443.67 3,352.03 1,709.42
152 125.06 72.81 52.25 9,847.95 20,088.65 225.06 220.63 4.43 6,448.10 3,399.86 1,488.79
153 125.06 73.00 52.06 9,900.02 20,015.65 225.06 221.20 3.86 6,451.95 3,448.06 1,267.59
154 125.06 73.19 51.87 9,951.89 19,942.46 225.06 221.78 3.29 6,455.24 3,496.65 1,045.81
155 125.06 73.38 51.68 10,003.57 19,869.08 225.06 222.35 2.71 6,457.95 3,545.62 823.46
156 125.06 73.57 51.49 10,055.07 19,795.52 225.06 222.93 2.13 6,460.08 3,594.98 600.53
Year 13 Completed - Top of Page, Short Cuts
Month Payment Principal Interest Total
Interest
Balance Payment
With Extra
Principal Interest Total
Interest
Interest
Saved
Balance
157 125.06 73.76 51.30 10,106.37 19,721.76 225.06 223.50 1.56 6,461.64 3,644.73 377.03
158 125.06 73.95 51.11 10,157.48 19,647.81 225.06 224.08 0.98 6,462.62 3,694.86 152.94
159 125.06 74.14 50.92 10,208.40 19,573.67 153.34 152.94 0.40 6,463.01 3,745.39 0.00

Loan Paid off in Year 13.

Total Interest Based on 30 Year Loan with No Extra Payment $15,772.04.

Total Interest Saved with Pre-Payment is $9,309.03