| This calculator will show you the additional
monthly payment you will need to make on your current mortgage in order to pay if off
within a specified number of years. It will also show you how much interest you will save
if you make the calculated additional payment each month, from now until your mortgage is
paid off. Special thanks to online subscriber Lyle Crafton for presenting the idea for
this calculator. Important: When entering your monthly mortgage payment, do not
include any escrow payments (insurance, property taxes, etc.). Enter only the total of the
interest and principal portion of your monthly payment.
NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply
to you. Also be sure that only numbers and decimal points are entered into the fields
(dollar signs and other non-numeric characters will cause a JavaScript error).
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