Should I Pay Extra Each Month

This calculator figures how much interest savings you could see depending on how much extra you pay monthly. Input an extra payment amount and calculate your interest savings based on the higher payment.

	Loan Information
			Zip Code
			Loan Amount ($)
			Interest Rate
			Extra Payment Amount ($)
			Loan Term (Years)

These calculations are only estimates and cannot be used to determine the actual amount of time it would take to pay your loan in full if you pay a higher amount each month. Please consult your tax advisor for information on the deductibility of interest for tax purposes. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

State Licencing

A Division of Fairway Independent Mortgage Corporation
FIMC Corp. ID # 2289

Sonny Baker, Branch Manager, NMLS ID# 307828
Complaints regarding mortgage bankers should be sent to the Texas Dept. of Savings and Mortgage Lending,
2601 N. Lamar, Suite 201, Austin, TX 78705. A toll-free consumer hotline is available at 1-877-276-5550.

State Licencing

A Division of Fairway Independent Mortgage Corporation
FIMC Corp. ID # 2289

866-445-3765
texas mortgage