See How Small Extra Payments Can Create Big Financial Wins
Paying off your mortgage faster doesn’t have to be complicated. The Principal Paydown Forecaster helps you clearly understand how making additional payments—big or small—can accelerate your loan payoff timeline and save you thousands in interest.
Explore “What-If” Scenarios in Seconds
Curious about the impact of paying an extra $100 per month? Or making a one-time lump sum? This tool lets you test different scenarios instantly and see how your loan length and interest savings change in real time.
Add monthly, yearly, or one-time payments to your forecast
View how each strategy shortens your loan term
Instantly calculate total interest savings across the life of the loan
Visualize the Power of Paydown
Interactive charts and graphs make your mortgage strategy easy to understand. See how your principal balance drops faster and when you’ll hit key milestones like 50% paid or early payoff eligibility.
Compare your current payoff date with adjusted timelines
Track the cumulative interest saved
View principal reduction over time with side-by-side projections
Achieve Your Financial Goals Faster
Whether you’re aiming to be mortgage-free before retirement, free up cash flow for other investments, or reduce long-term interest costs, the Principal Paydown Forecaster gives you the insights to make informed decisions with confidence.
Create a customized strategy that fits your goals and budget
Decide if and when to increase monthly payments
Plan large future paydowns in a tax-efficient way
Works Seamlessly with Your Nexus™ Dashboard
This tool integrates with your Loan Payment Tracker, Home Equity Tracker, and Transaction Estimator to give you a complete view of your financial position as a homeowner.
Align extra payments with your equity strategy
Combine forecasts with real-time property value and interest rate health
Store and revisit scenarios as your finances evolve
Why It Matters
Even small additional payments can lead to huge long-term savings, but only if you can clearly see the results. With the Principal Paydown Forecaster, you can:
Cut years off your mortgage
Reduce interest paid by tens of thousands
Make confident, data-backed payment decisions