Loan Calculator
Number of Payments: 360
Monthly Payment: $1,826
Total Interest Paid: $327,490
Total Cost of Loan: $657,490
Payoff Date: --
How Payments Change Over the Life of a 30-Year Loan
As the term of your mortgage progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term.
By adding extra payments, you can reduce both the length of your loan and the amount of interest you pay over time.
