Free Mortgage Payoff Calculators That Show Real Numbers
AmortWise gives you two free calculators that show exactly how your mortgage payoff changes: one for biweekly payments and one for extra payments. Both run on standard amortization math, require no registration, and have no hidden charges. Type in your loan details and the numbers update instantly — payoff date, total interest, and what you would save.
Biweekly Mortgage Calculator
See what happens when you pay half your monthly payment every two weeks: your new payoff date, the interest you save, and a year-by-year balance comparison against the standard schedule.
Extra Payment Calculator
See how a fixed extra amount each month or year shortens your loan: the new payoff date versus the original one, months saved, and total interest saved, plus a balance table every 5 years.
Why AmortWise?
- Transparent math shown step by step — the same amortization formula banks use, with the numbers explained in plain English.
- No sign-up or email required — enter your loan details and read your results immediately.
- Free forever for core tools — both calculators and every page on this site cost nothing to use.
Payoff Strategy Guides
- Biweekly vs Extra Payments — the two main prepayment patterns compared on the same loan: payoff months, interest saved, and which cadence fits your paycheck.
- Debt Snowball vs Avalanche — which payoff order clears multiple debts first and how much interest each ordering really costs.