Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Mortgage Advanced
Interest-Only Mortgage Calculator
Calculate your monthly payment during an interest-only mortgage period and see how it compares to a fully amortizing payment. Useful for borrowers evaluating cash-flow flexibility in the early years of a loan.
Fill in the required fields to see your result.
Mortgage Advanced
Extra Payment Mortgage Calculator
Find out how many years earlier you can pay off your mortgage and how much interest you save by adding a fixed extra amount to each monthly payment. Perfect for homeowners with discretionary income who want to build equity faster.
Fill in the required fields to see your result.
Key differences
| Interest-Only Mortgage Calculator | Extra Payment Mortgage Calculator | |
|---|---|---|
| Category | Mortgage Advanced | Mortgage Advanced |
| Inputs required | 2 | 4 |
| Result | Interest-Only Payment ($) | Time to Pay Off (months) |
| What it does | Calculate your monthly payment during an interest-only mortgage period and see how it compares to a fully amortizing payment. Useful for borrowers evaluating cash-flow flexibility in the early years of a loan. | Find out how many years earlier you can pay off your mortgage and how much interest you save by adding a fixed extra amount to each monthly payment. Perfect for homeowners with discretionary income who want to build equity faster. |