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Math wizard help please

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Forum topic by Betsy posted 406 days ago 213 views 0 times favorited 4 replies Add to Favorites Watch
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Betsy

2386 posts in 792 days


406 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.

-- You can't get a hug from Facebook.

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scottz

21 posts in 406 days


406 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

169 posts in 1079 days


406 days ago

Try this one Betsy

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

-- Splinters - Living and Loving life in the Rockies - http://www.splinterswoodworks.com/ - http://www.etsy.com/shop.php?user_id=5220040

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Betsy

2386 posts in 792 days


406 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.

-- You can't get a hug from Facebook.

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Betsy

2386 posts in 792 days


406 days ago

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

Thanks!

-- You can't get a hug from Facebook.

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