Mortgage Strategist
Compare scenarios, optimize extra payments, and see the real return on your home equity.
Scenarios
Total Payment
$3,033
P+I per monthly
Without extra: $3,033
Interest Saved
$0
First term (5 yr): $0
Years Saved
0.0 yr
Payoff date: Mar 2051
Total Interest
$355,007
First term (5 yr): $110,873
Extra Principal Paid
$0
First term (5 yr): $0
Total Principal Paid
$450,000
First term (5 yr): $50,128
Term summary
Per 5-year term for Scenario A. Savings vs no extra principal.
| Term | Starting balance | Principal paid | Interest paid | Extra principal | Ending balance | Interest saved (term) | Interest saved (cumulative) | Years saved |
|---|---|---|---|---|---|---|---|---|
| T 1 | $450,000 | $50,128 | $110,873 | $0 | $399,872 | $0 | $0 | 0.0 yr |
| T 2 | $399,872 | $64,976 | $96,025 | $0 | $334,896 | $0 | $0 | 0.0 yr |
| T 3 | $334,896 | $84,222 | $76,779 | $0 | $250,674 | $0 | $0 | 0.0 yr |
| T 4 | $250,674 | $109,169 | $51,833 | $0 | $141,505 | $0 | $0 | 0.0 yr |
| T 5 | $141,505 | $141,505 | $19,497 | $0 | $0 | $0 | $0 | 0.0 yr |
Interest saved (term) = interest you would have paid this term without extra principal minus interest actually paid. Years saved = how much sooner the loan is paid off overall.
Financial Trajectory
Balance projection vs interest accumulation.
Mortgage vs. Market
Is your extra $0 better off in the S&P 500?
Total investment: $0 (full amortization) · $0 (first 5 yr term)
Over full amortization
Total investment: $0
Difference (Interest Saved − Market Gain): $0 — Tie
First term (5 yr)
Total investment: $0 · Market value at end of term: $0
Difference (Interest Saved − Market Gain): $0 — Tie