Prepay vs Invest

Loan balance $ Mortgage rate (annual %) 6.5% Years remaining 25 Extra payment per month $500 Expected invest return (annual %) 8%

Estimate only — ignores tax, refinancing and lump sums.

Original plan

Total interest (original)

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New monthly payment

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Loan shortened by

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Interest saved by prepaying

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Invested account value at end

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This tool is for estimation only and does not constitute financial advice. Actual results vary by fees, taxes and individual circumstances.