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Math wizard help please

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Forum topic by Betsy posted 46 days ago 145 views 0 times favorited 4 replies Add to Favorites
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Betsy

1883 posts in 432 days


46 days ago

I’m math challenged to say the least. I’ve tried googling this but all I can find is a general calculator. I want to find a formula to figure out how long it would take to pay off my mortgage by paying extra principal each month. I’ve tried getting this from my mortgage company but the guys and gals in India don’t seem to understand the question.

There has to be a formula to plug my numbers into. Any help would be appreciated. I want to see how long it will take to pay off the house. I’m essentially making 5 extra payments a year.

Thanks in advance.

-- Betsy - GO BUCKS!

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scottz

11 posts in 46 days


46 days ago

I didn’t think my first LJ post would be about mortgage calculators!

I think this is the one I used a while back:
http://www.eloan.com/s/amortcalc?context=refi

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Splinters

143 posts in 719 days


46 days ago

Try this one Betsy

http://www.mortgage-calc.com/

-- Splinters - Living and Loving life in the Rockies - http://www.splinterswoodworks.com/

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Betsy

1883 posts in 432 days


46 days ago

Welcome Scott. This just shows this is a very diverse group! Thanks for the link Scott and Splinters! I’ll let you know how it works.

-- Betsy - GO BUCKS!

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Betsy

1883 posts in 432 days


46 days ago

Scott – that site worked great! It was easy to use.

Thanks!

-- Betsy - GO BUCKS!

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