Mortgage Length Calculator

Input Information

Loan Information
Amount :	($)
Interest Rate :	(%)
Length :	(Years)
Considered Monthly Payment
Monthly Payment :	($)
Let Me Print That Form in PDF!
Send calculation results to email
Send to Email Address :
Name :
Phone # :
Show Schedule Table

Thanks for using our calculation tools. Your results appear below. Click the heading in the next section to switch between plain English and financial views. Do you have questions or feedback? Contact us.

Financial Analysis (Switch to Plain English)

Original Payment :	$1,357.37
New Payment :	$1,404.12
New Length of Loan :	27 Years 10 Months

Plain English Help (Switch to Financial Analysis)

If you start to pay more or less toward your mortgage each month than the original payment amount, you can save or add a number of years to the length of your mortgage. Even the difference of just $40 can save you a couple of years or add a couple years to the length of your payment. If you took out a mortgage loan for $250,000.00 with a 5.100% interest rate, for example, you could expect to pay $1,357.37 per month. If you change your payment to $1,404.12, however, you will have to pay on your mortgage for 27 year(s) and 10 month(s) instead of 30 years.

Payment Schedule

No	Interests	Principal	Balance
1	1,062.50	341.62	249,658.38
2	1,061.05	343.07	249,315.31
3	1,059.59	344.53	248,970.78
4	1,058.13	345.99	248,624.78
5	1,056.66	347.46	248,277.32
6	1,055.18	348.94	247,928.38
7	1,053.70	350.42	247,577.95
8	1,052.21	351.91	247,226.04
9	1,050.71	353.41	246,872.63
10	1,049.21	354.91	246,517.72
11	1,047.70	356.42	246,161.30
12	1,046.19	357.93	245,803.37
1 Yr	--- 12,652.81	--- 4,196.63
13	1,044.66	359.46	245,443.91
14	1,043.14	360.98	245,082.93
15	1,041.60	362.52	244,720.41
16	1,040.06	364.06	244,356.35
17	1,038.51	365.61	243,990.74
18	1,036.96	367.16	243,623.59
19	1,035.40	368.72	243,254.87
20	1,033.83	370.29	242,884.58
21	1,032.26	371.86	242,512.72
22	1,030.68	373.44	242,139.28
23	1,029.09	375.03	241,764.25
24	1,027.50	376.62	241,387.63
2 Yr	--- 12,433.70	--- 4,415.74
25	1,025.90	378.22	241,009.40
26	1,024.29	379.83	240,629.57
27	1,022.68	381.44	240,248.13
28	1,021.05	383.07	239,865.06
29	1,019.43	384.69	239,480.37
30	1,017.79	386.33	239,094.04
31	1,016.15	387.97	238,706.07
32	1,014.50	389.62	238,316.45
33	1,012.84	391.28	237,925.18
34	1,011.18	392.94	237,532.24
35	1,009.51	394.61	237,137.63
36	1,007.83	396.29	236,741.35
3 Yr	--- 12,203.16	--- 4,646.28
37	1,006.15	397.97	236,343.38
38	1,004.46	399.66	235,943.72
39	1,002.76	401.36	235,542.36
40	1,001.06	403.06	235,139.29
41	999.34	404.78	234,734.52
42	997.62	406.50	234,328.02
43	995.89	408.23	233,919.79
44	994.16	409.96	233,509.83
45	992.42	411.70	233,098.13
46	990.67	413.45	232,684.67
47	988.91	415.21	232,269.46
48	987.15	416.97	231,852.49
4 Yr	--- 11,960.58	--- 4,888.86
49	985.37	418.75	231,433.74
50	983.59	420.53	231,013.22
51	981.81	422.31	230,590.90
52	980.01	424.11	230,166.79
53	978.21	425.91	229,740.88
54	976.40	427.72	229,313.16
55	974.58	429.54	228,883.62
56	972.76	431.36	228,452.26
57	970.92	433.20	228,019.06
58	969.08	435.04	227,584.02
59	967.23	436.89	227,147.13
60	965.38	438.74	226,708.39
5 Yr	--- 11,705.34	--- 5,144.10
61	963.51	440.61	226,267.78
62	961.64	442.48	225,825.30
63	959.76	444.36	225,380.93
64	957.87	446.25	224,934.68
65	955.97	448.15	224,486.53
66	954.07	450.05	224,036.48
67	952.16	451.96	223,584.52
68	950.23	453.89	223,130.63
69	948.31	455.81	222,674.82
70	946.37	457.75	222,217.07
71	944.42	459.70	221,757.37
72	942.47	461.65	221,295.72
6 Yr	--- 11,436.77	--- 5,412.67
73	940.51	463.61	220,832.10
74	938.54	465.58	220,366.52
75	936.56	467.56	219,898.96
76	934.57	469.55	219,429.41
77	932.57	471.55	218,957.86
78	930.57	473.55	218,484.31
79	928.56	475.56	218,008.75
80	926.54	477.58	217,531.17
81	924.51	479.61	217,051.56
82	922.47	481.65	216,569.91
83	920.42	483.70	216,086.21
84	918.37	485.75	215,600.45
7 Yr	--- 11,154.18	--- 5,695.26
85	916.30	487.82	215,112.64
86	914.23	489.89	214,622.75
87	912.15	491.97	214,130.77
88	910.06	494.06	213,636.71
89	907.96	496.16	213,140.54
90	905.85	498.27	212,642.27
91	903.73	500.39	212,141.88
92	901.60	502.52	211,639.36
93	899.47	504.65	211,134.71
94	897.32	506.80	210,627.91
95	895.17	508.95	210,118.96
96	893.01	511.11	209,607.85
8 Yr	--- 10,856.83	--- 5,992.61
97	890.83	513.29	209,094.56
98	888.65	515.47	208,579.09
99	886.46	517.66	208,061.43
100	884.26	519.86	207,541.58
101	882.05	522.07	207,019.51
102	879.83	524.29	206,495.22
103	877.60	526.52	205,968.70
104	875.37	528.75	205,439.95
105	873.12	531.00	204,908.95
106	870.86	533.26	204,375.69
107	868.60	535.52	203,840.17
108	866.32	537.80	203,302.37
9 Yr	--- 10,543.96	--- 6,305.48
109	864.04	540.08	202,762.29
110	861.74	542.38	202,219.91
111	859.43	544.69	201,675.22
112	857.12	547.00	201,128.22
113	854.79	549.33	200,578.90
114	852.46	551.66	200,027.24
115	850.12	554.00	199,473.23
116	847.76	556.36	198,916.87
117	845.40	558.72	198,358.15
118	843.02	561.10	197,797.05
119	840.64	563.48	197,233.57
120	838.24	565.88	196,667.69
10 Yr	--- 10,214.76	--- 6,634.68
121	835.84	568.28	196,099.41
122	833.42	570.70	195,528.71
123	831.00	573.12	194,955.59
124	828.56	575.56	194,380.03
125	826.12	578.00	193,802.03
126	823.66	580.46	193,221.56
127	821.19	582.93	192,638.64
128	818.71	585.41	192,053.23
129	816.23	587.89	191,465.34
130	813.73	590.39	190,874.94
131	811.22	592.90	190,282.04
132	808.70	595.42	189,686.62
11 Yr	--- 9,868.37	--- 6,981.07
133	806.17	597.95	189,088.67
134	803.63	600.49	188,488.18
135	801.07	603.05	187,885.13
136	798.51	605.61	187,279.52
137	795.94	608.18	186,671.34
138	793.35	610.77	186,060.57
139	790.76	613.36	185,447.21
140	788.15	615.97	184,831.24
141	785.53	618.59	184,212.65
142	782.90	621.22	183,591.44
143	780.26	623.86	182,967.58
144	777.61	626.51	182,341.07
12 Yr	--- 9,503.89	--- 7,345.55
145	774.95	629.17	181,711.90
146	772.28	631.84	181,080.06
147	769.59	634.53	180,445.53
148	766.89	637.23	179,808.30
149	764.19	639.93	179,168.37
150	761.47	642.65	178,525.71
151	758.73	645.39	177,880.33
152	755.99	648.13	177,232.20
153	753.24	650.88	176,581.32
154	750.47	653.65	175,927.67
155	747.69	656.43	175,271.24
156	744.90	659.22	174,612.02
13 Yr	--- 9,120.39	--- 7,729.05
157	742.10	662.02	173,950.00
158	739.29	664.83	173,285.17
159	736.46	667.66	172,617.51
160	733.62	670.50	171,947.02
161	730.77	673.35	171,273.67
162	727.91	676.21	170,597.47
163	725.04	679.08	169,918.38
164	722.15	681.97	169,236.42
165	719.25	684.87	168,551.55
166	716.34	687.78	167,863.78
167	713.42	690.70	167,173.08
168	710.49	693.63	166,479.44
14 Yr	--- 8,716.86	--- 8,132.58
169	707.54	696.58	165,782.86
170	704.58	699.54	165,083.32
171	701.60	702.52	164,380.80
172	698.62	705.50	163,675.30
173	695.62	708.50	162,966.80
174	692.61	711.51	162,255.29
175	689.58	714.54	161,540.75
176	686.55	717.57	160,823.18
177	683.50	720.62	160,102.56
178	680.44	723.68	159,378.88
179	677.36	726.76	158,652.12
180	674.27	729.85	157,922.27
15 Yr	--- 8,292.27	--- 8,557.17
181	671.17	732.95	157,189.32
182	668.05	736.07	156,453.25
183	664.93	739.19	155,714.06
184	661.78	742.34	154,971.72
185	658.63	745.49	154,226.23
186	655.46	748.66	153,477.58
187	652.28	751.84	152,725.74
188	649.08	755.04	151,970.70
189	645.88	758.24	151,212.46
190	642.65	761.47	150,450.99
191	639.42	764.70	149,686.28
192	636.17	767.95	148,918.33
16 Yr	--- 7,845.50	--- 9,003.94
193	632.90	771.22	148,147.11
194	629.63	774.49	147,372.62
195	626.33	777.79	146,594.83
196	623.03	781.09	145,813.74
197	619.71	784.41	145,029.33
198	616.37	787.75	144,241.58
199	613.03	791.09	143,450.49
200	609.66	794.46	142,656.04
201	606.29	797.83	141,858.20
202	602.90	801.22	141,056.98
203	599.49	804.63	140,252.35
204	596.07	808.05	139,444.31
17 Yr	--- 7,375.41	--- 9,474.03
205	592.64	811.48	138,632.82
206	589.19	814.93	137,817.89
207	585.73	818.39	136,999.50
208	582.25	821.87	136,177.63
209	578.75	825.37	135,352.26
210	575.25	828.87	134,523.39
211	571.72	832.40	133,690.99
212	568.19	835.93	132,855.06
213	564.63	839.49	132,015.57
214	561.07	843.05	131,172.52
215	557.48	846.64	130,325.88
216	553.89	850.23	129,475.65
18 Yr	--- 6,880.78	--- 9,968.66
217	550.27	853.85	128,621.80
218	546.64	857.48	127,764.32
219	543.00	861.12	126,903.20
220	539.34	864.78	126,038.42
221	535.66	868.46	125,169.96
222	531.97	872.15	124,297.82
223	528.27	875.85	123,421.96
224	524.54	879.58	122,542.38
225	520.81	883.31	121,659.07
226	517.05	887.07	120,772.00
227	513.28	890.84	119,881.16
228	509.49	894.63	118,986.54
19 Yr	--- 6,360.33	--- 10,489.11
229	505.69	898.43	118,088.11
230	501.87	902.25	117,185.86
231	498.04	906.08	116,279.78
232	494.19	909.93	115,369.85
233	490.32	913.80	114,456.06
234	486.44	917.68	113,538.37
235	482.54	921.58	112,616.79
236	478.62	925.50	111,691.29
237	474.69	929.43	110,761.86
238	470.74	933.38	109,828.48
239	466.77	937.35	108,891.13
240	462.79	941.33	107,949.80
20 Yr	--- 5,812.70	--- 11,036.74
241	458.79	945.33	107,004.46
242	454.77	949.35	106,055.11
243	450.73	953.39	105,101.73
244	446.68	957.44	104,144.29
245	442.61	961.51	103,182.78
246	438.53	965.59	102,217.19
247	434.42	969.70	101,247.49
248	430.30	973.82	100,273.67
249	426.16	977.96	99,295.72
250	422.01	982.11	98,313.60
251	417.83	986.29	97,327.32
252	413.64	990.48	96,336.84
21 Yr	--- 5,236.48	--- 11,612.96
253	409.43	994.69	95,342.15
254	405.20	998.92	94,343.23
255	400.96	1,003.16	93,340.07
256	396.70	1,007.42	92,332.65
257	392.41	1,011.71	91,320.94
258	388.11	1,016.01	90,304.94
259	383.80	1,020.32	89,284.61
260	379.46	1,024.66	88,259.95
261	375.10	1,029.02	87,230.94
262	370.73	1,033.39	86,197.55
263	366.34	1,037.78	85,159.77
264	361.93	1,042.19	84,117.58
22 Yr	--- 4,630.18	--- 12,219.26
265	357.50	1,046.62	83,070.96
266	353.05	1,051.07	82,019.89
267	348.58	1,055.54	80,964.35
268	344.10	1,060.02	79,904.33
269	339.59	1,064.53	78,839.80
270	335.07	1,069.05	77,770.75
271	330.53	1,073.59	76,697.16
272	325.96	1,078.16	75,619.00
273	321.38	1,082.74	74,536.26
274	316.78	1,087.34	73,448.92
275	312.16	1,091.96	72,356.96
276	307.52	1,096.60	71,260.36
23 Yr	--- 3,992.22	--- 12,857.22
277	302.86	1,101.26	70,159.09
278	298.18	1,105.94	69,053.15
279	293.48	1,110.64	67,942.50
280	288.76	1,115.36	66,827.14
281	284.02	1,120.10	65,707.04
282	279.25	1,124.87	64,582.17
283	274.47	1,129.65	63,452.52
284	269.67	1,134.45	62,318.08
285	264.85	1,139.27	61,178.81
286	260.01	1,144.11	60,034.70
287	255.15	1,148.97	58,885.73
288	250.26	1,153.86	57,731.87
24 Yr	--- 3,320.96	--- 13,528.48
289	245.36	1,158.76	56,573.11
290	240.44	1,163.68	55,409.43
291	235.49	1,168.63	54,240.80
292	230.52	1,173.60	53,067.20
293	225.54	1,178.58	51,888.62
294	220.53	1,183.59	50,705.02
295	215.50	1,188.62	49,516.40
296	210.44	1,193.68	48,322.72
297	205.37	1,198.75	47,123.98
298	200.28	1,203.84	45,920.13
299	195.16	1,208.96	44,711.17
300	190.02	1,214.10	43,497.08
25 Yr	--- 2,614.64	--- 14,234.80
301	184.86	1,219.26	42,277.82
302	179.68	1,224.44	41,053.38
303	174.48	1,229.64	39,823.74
304	169.25	1,234.87	38,588.87
305	164.00	1,240.12	37,348.75
306	158.73	1,245.39	36,103.36
307	153.44	1,250.68	34,852.68
308	148.12	1,256.00	33,596.69
309	142.79	1,261.33	32,335.35
310	137.43	1,266.69	31,068.66
311	132.04	1,272.08	29,796.58
312	126.64	1,277.48	28,519.09
26 Yr	--- 1,871.46	--- 14,977.98
313	121.21	1,282.91	27,236.18
314	115.75	1,288.37	25,947.81
315	110.28	1,293.84	24,653.97
316	104.78	1,299.34	23,354.63
317	99.26	1,304.86	22,049.77
318	93.71	1,310.41	20,739.36
319	88.14	1,315.98	19,423.38
320	82.55	1,321.57	18,101.81
321	76.93	1,327.19	16,774.62
322	71.29	1,332.83	15,441.80
323	65.63	1,338.49	14,103.30
324	59.94	1,344.18	12,759.12
27 Yr	--- 1,089.47	--- 15,759.97
325	54.23	1,349.89	11,409.23
326	48.49	1,355.63	10,053.60
327	42.73	1,361.39	8,692.21
328	36.94	1,367.18	7,325.03
329	31.13	1,372.99	5,952.04
330	25.30	1,378.82	4,573.22
331	19.44	1,384.68	3,188.53
332	13.55	1,390.57	1,797.96
333	7.64	1,396.48	401.48
334	1.71	401.48	0.00
28 Yr	--- 281.15	--- 12,759.12
	Interests	Principal	Balance
Total	217,975.15	250,000.00	0.00

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.