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Interest Only With Additional Payments Calculator

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Use this Interest Only with Additional Payments Calculator to figure out your total monthly payment including total months paid, interest savings, balance and equity appreciation.

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How to use a interest only with additional payments calculator

Input Information
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Years)
Additional Payment : ($)
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Financial Analysis
  Interest-Only With Additional Payment
Average Monthly Payment : $989.58 $1,004.06
Months Paid : 360 360
Total Monthly Payments : $356,250.00 $361,460.62
Total Interest Paid : $356,250.00 $343,460.62
Interest Savings : $12,789.38
Balance : $250,000.00 $232,000.00
Equity Appreciation $0.00 $18,000.00


Disclaimer: Rebuz does not prequalify borrowers. We provide tools such as this calculator that may help you understand the implications of certian decisions you may make in the mortgage process. Remember, a lender decides on your mortgage application and loan amount, and lender calculations may vary from Rebuz calculations. Our calculators are solely intended to provide ballpark estimates, not final or binding loan amounts. You should also review your personal financial situation with a qualified financial advisor before making any decision on assuming substantial liabilities. By using these calculators you agree and understand that Rebuz makes no representations or warrantees as to their use.

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