What do extra mortgage payments actually save?
Small extra principal payments compound into absurd savings: at typical rates, a couple hundred a month can erase six figures of interest and finish your mortgage years early. This tool shows your exact numbers — interest with and without, and how much sooner you're done. Two footnotes from the pros: tell your servicer extras go to principal, and fund your emergency savings and high-interest debt first; the mortgage is usually your cheapest debt.
Extra payment impact
What a little extra principal every month does to a mortgage. Spoiler: it's the most boring wealth hack in existence.
Make sure extra payments are applied to principal (tell your servicer). And fund your emergency savings and any high-interest debt first — the mortgage is usually your cheapest debt.
Educational estimate, not a loan offer or financial advice. Rates, taxes, and program rules vary — a licensed professional can turn these ranges into real numbers for your situation.
Want a human to look at your numbers? BuyerMath is built by Gavin Guthrie of The Mortgage Collective — a free 15-minute "where do I stand?" call costs nothing and isn't a test you can fail.
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