Mortgage Calculator / Mortgage Reducer
Home Loan Calculator 

Want to save money on your current home loan?
The FREE Mortgage Reducer website is a new way to reduce your home loan payment - without having to deal with the hassle, headache and expense of a traditional home loan refinance.

A 30-year fixed-rate mortgage at 4% and $200,000 borrowed would require about $140,000 in interest over the life of the loan. But if you were to prepay just an additional $100 a month toward principal, you would save about $30,000 in interest, and pay off that loan five years quicker.

 
 
Outstanding$ Tenture Month Interest%
 
Payment$ Tenture Month Interest$
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Original Payment Schedule


    
New Payment Schedule

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