Mortgage payoff calculator
See how extra monthly payments atau a lump sum shorten your mortgage dan cut Bunga.
Tentang Mortgage payoff calculator
See how extra monthly payments atau a lump sum shorten your mortgage dan cut Bunga.
Bagian dari bagian “KPR dan properti” SmartCalcy. Berjalan di peramban Anda tanpa akun, memakai mata uang dan satuan Anda sendiri (ubah di bagian atas halaman), dan memberi perkiraan hanya untuk informasi, jadi periksa panduan resmi sebelum mengandalkan hasilnya.
Cara menggunakan Mortgage payoff calculator
Apa yang dihitung dan kapan digunakan
This calculator shows how much sooner you could be mortgage-free, dan ke-how much interest you would save, if you overpay each mon atau make a one-off lump sum.
Cara menggunakan, langkah demi langkah
- Enter your Arus Saldo, Bunga Suku bunga, dan the Tahun remaining.
- ke-Add the extra amount you can pay each mon dan any lump Jumlah you could Gaji now.
- Compare the new payoff Waktu dan Bunga with the Asli plan.
Arti setiap input
- Mortgage Saldo now – What you still owe, not the Asli loan.
- Suku bunga – Your Arus Tahunan Suku bunga.
- Tahun left – The remaining Jangka waktu on the mortgage.
- Tambahan per bulan – Money added sampai Per buah regular payment.
- Lump Jumlah – A one-off payment applied immediately sampai the Saldo.
Cara membaca hasil
- Mortgage-free inci – How long the loan lasts with your overpayments.
- Bunga saved – Bunga without extra payments minus Bunga with them.
- Payment you make now – The required payment plus your extra Jumlah.
Rumus
The required payment adalah P × r ÷ (1 − (1 + r)^−n). Each month interest = balance × r, dan the whole payment plus extra, minus that Bunga, reduces the Saldo. The loop runs Sampai the Saldo reaches zero.
Contoh perhitungan
A 200,000 balance at 5.5% with 25 years left has a required payment 1,228.17. Paying 200 more each month clears it di 18 years 9 bulan, 6 Tahun 3 bulan sooner,, dan cuts interest from 168,452 sampai 120,683, a saving about 47,770.
Asumsi dan batasan
- A fixed Suku bunga seharga the rest the term.
- Overpayments are accepted without charge. Many lenders cap penalty-free overpayments, often Pada 10% dari the balance per tahun.
- The lump Jumlah adalah Dibayar immediately.
Kesalahan umum
- Overpaying while carrying higher-rate debt such as credit cards. Hapus the dearest debt first.
- Using up emergency savings seharga overpayments.
- Forgetting that a fixed deal may carry an early repayment charge.
Pertanyaan yang sering diajukan
Is overpaying always better than investing?
Overpaying earns a guaranteed return equal sampai your mortgage rate. Investing might earn more but adalah not guaranteed, so the answer depends on the Suku bunga, dan your risk tolerance.
Does a lump Jumlah atau monthly overpayment save lagi?
Money paid earlier saves more interest, so a lump sum now generally saves more than the same total spread over tahun.
Alat terkait
Detail
- Payment you make now
- £1,428.17 per bulan£1,228.17 required
- Bunga without extra payments
- £168,452.50
- Bunga with extra payments
- £120,682.73
- Bunga saved
- £47,769.76
- Asli payoff Waktu
- 25 tahun
Tahun demi tahun
| Tahun | Pokok | Bunga | Saldo |
|---|---|---|---|
| 1 | £6,295 | £10,843 | £193,705 |
| 2 | £6,650 | £10,488 | £187,054 |
| 3 | £7,025 | £10,113 | £180,029 |
| 4 | £7,422 | £9,716 | £172,607 |
| 5 | £7,840 | £9,298 | £164,767 |
| 6 | £8,283 | £8,855 | £156,484 |
| 7 | £8,750 | £8,388 | £147,734 |
| 8 | £9,243 | £7,895 | £138,491 |
| 9 | £9,765 | £7,373 | £128,726 |
| 10 | £10,316 | £6,822 | £118,411 |
| 11 | £10,898 | £6,241 | £107,513 |
| 12 | £11,512 | £5,626 | £96,001 |
| 13 | £12,162 | £4,977 | £83,839 |
| 14 | £12,848 | £4,291 | £70,992 |
| 15 | £13,572 | £3,566 | £57,419 |
| 16 | £14,338 | £2,800 | £43,081 |
| 17 | £15,147 | £1,991 | £27,935 |
| 18 | £16,001 | £1,137 | £11,934 |
| 19 | £11,934 | £263 | £0 |