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See how early you’ll pay off your mortgage and how much interest you’ll save. Let’s say your remaining balance on your home is $200,000. Your current principal and interest payment is $993 every month on a 30-year fixed-rate loan. You decide to make an additional $300 payment toward principal every month to pay off your home faster.

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All numbers in the table are computed using this calculator. To calculate other percentages off (e.g. to know what is 20% off 200, 20% off 1400, 20% off 599, 30% off 25 etc.) other …

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