About Mortgage Payoff vs Investment Calculator
This calculator helps you compare two financial strategies:
- Making extra payments on your mortgage to pay it off faster
- Investing the extra money instead of paying extra on your mortgage
The calculator shows you:
- How much faster you'll pay off your mortgage with extra payments
- How much interest you'll save on your mortgage
- How much your investments could grow over the same period
- Which strategy could leave you better off financially
Note: Investment returns are not guaranteed and past performance doesn't predict future results.