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How long will my mortgage last if I pay more ? |
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Results |
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Loan Amount: |
$100,000.00 |
Interest Rate: |
5.500 % |
Payment Amount: |
$733.76 |
Length of Loan: |
17 Year(s) 11 Month(s)
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Instructions |
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This calculator figures the length of your mortgage depending on your monthly payment. By paying more than your mortgage payment every month, you can decrease the length of your loan. If you do not know your monthly principal and interest payment, you can use the Mortgage Payment Calculator to find out. Input an amount higher than your mortgage payment and determine when your mortgage will be paid off based on the higher payment.
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Disclaimer: We cannot guarantee the accuracy of this calculator. You should check with your finance provider before entering into any contracts. |