Welcome to Discuss Everything Forums...

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed.


 

Tags for this Thread

+ Reply to Thread
Results 1 to 3 of 3
  1. #1
    gardensallday's Avatar
    Junior Member

    Status
    Offline
    Join Date
    Jul 2009
    Posts
    7
    Downloads
    0
    Uploads
    0

    need link to mortgage payoff calculator? can't find one that works?

    I am near the end of my mortgage, and all the mortgage calculators I can find are for people at the BEGINNING of their mortgage. I want one where I can enter the balance left on the mortgage and the interest rate and the fact the payments are once a month, and that should be all the data needed.

    can someone save me from having to figure out how to use a spreadsheet again or doing this by hand?

    thanks!

    Ps if you don't understand what I am asking, don't answer, because there are many mortgage calculators that do not work for my needs.
    No, the bankrate calculator will not work, it doesn't ask what balance is left on my mortgage. I have consistently paid more than the minimum.

  2. #2
    STEVEN F's Avatar
    Senior Member

    Status
    Offline
    Join Date
    Jun 2009
    Posts
    267
    Downloads
    0
    Uploads
    0
    If you have made extra payments of varying amounts, NO online calculator will account for them.
    If you use Microsoft Excel, there is a FREE downloadable template for a loan calculator with extra payments. All you need to enter is the original terms, and the amounts of the extra payments.

  3. #3
    Alex's Avatar
    Senior Member

    Status
    Offline
    Join Date
    May 2009
    Age
    53
    Posts
    3,856
    Downloads
    0
    Uploads
    0
    Below is a link that might help. It's intended as a way to prioritize multiple debts, but you can just enter the one: current balance, interest rate, monthly payment. On the second tab, there's a spot to enter additional payments going forward. Just like any other calculator, it will not be exact so check with your lender before making a final payment, but hopefully it will help

 

 

Quick Reply Quick Reply

Click here to log in


What color is our footer?

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Mortgage payoff question?
    By David in forum Discuss Jokes and Riddles
    Replies: 0
    Last Post: 09-16-2011, 10:00 AM
  2. Replies: 0
    Last Post: 09-23-2010, 10:20 PM
  3. invest or payoff mortgage?
    By well in forum Discuss Jokes and Riddles
    Replies: 0
    Last Post: 05-04-2010, 07:53 PM
  4. mortgage payoff question..?
    By Ned Racine in forum Discuss Jokes and Riddles
    Replies: 1
    Last Post: 04-13-2010, 12:23 PM
  5. In my mortgage, how much is the difference between my payoff balance and my...
    By suthernjenn77 in forum Discuss Jokes and Riddles
    Replies: 0
    Last Post: 03-14-2010, 12:04 PM

Bookmarks

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •