Fast Loan

Fast Loan illustrates that adding extra money towards principal each month can save money, as well as time off of the loan.

Monthly PI Payment $408

The more you add towards principal each month, the more money you save and faster you pay off the loan.

New Monthly PI Payment $708

With your additional $300 payment your new monthly PI payment will save you money.

Results are based on additional monthly payments made over the course of the entire loan.

Approximate Payoff

12 years 1 month

 

Approximate Savings

$42,109

$509.66

$100,000

4.550%

30

$2,857

Detailed closing costs ❯
Original Loan

$100,000

4.550%

35

REFI Loan

$150,000

5.350%

30

Projected Savings $50,917
Original PI Payment $790.84
REFI PI Payment $509.66