What is Mortgage Payoff Calculator?
Professional mortgage payoff calculator with amortization schedule and Excel-ready CSV. Calculate savings with overpayments and extra principal.
Problem
Users previously relied on basic mortgage calculators losing visibility into how extra payments affect payoff timelines and interest savings, and lacked Excel-ready amortization schedules for detailed financial planning.
Solution
A specialized mortgage payoff calculator tool that generates amortization schedules with extra principal payments and exports results as CSV files for Excel analysis. Users can simulate scenarios like monthly overpayments to calculate total interest saved.
Customers
Homeowners with mortgages, financial advisors, and real estate professionals seeking to optimize loan repayment strategies.
Unique Features
1. Amortization schedule builder supporting recurring/one-time extra payments. 2. CSV export for Excel integration. 3. Visualized savings breakdown from accelerated payoff.
User Comments
Simplifies complex mortgage math for DIY planners
Excel integration enables custom analysis
Revealed thousands in potential interest savings
Clarity on payoff timelines with overpayments
Lacks mobile app version
Traction
No quantitative traction data available from provided sources
Market Size
The $11.6 trillion US mortgage debt market (Q1 2023, Federal Reserve) creates demand for repayment optimization tools
