See how extra monthly principal cuts total interest and shortens your mortgage. Compare your standard payment with a prepayment plan.
Neil Shelton, Mortgage Loan Originator
Shelton Mortgage Team powered by Edge Home Finance, LLC
Phone: (863) 207-5491
Email: [email protected]
NMLS# 1668076
Company NMLS# 891464
Licensed in: AL, CO, FL, IL, WI
Shelton Mortgage Team powered by Edge Home Finance, LLC | Neil Shelton, NMLS 1668076 Company NMLS 891464 | Not affiliated with or endorsed by any government agency. All loans subject to credit, underwriting approval, and lender requirements. Terms, conditions, and programs may change without notice. This is not a commitment to lend or extend credit.
See how extra monthly principal cuts total interest and shortens your mortgage. Compare your standard payment with a prepayment plan.
See your standard payment beside a plan with extra principal each month — and how much interest and time that extra dollar can cut.
Extra goes to principal only. Your required payment stays the same; the additional amount is applied after interest each month.
Interest you could save
Time shaved off:
Standard
With extra
An estimate for a fixed-rate loan with extra principal each month. Taxes, insurance, and HOA are not included. Confirm prepayment terms with your servicer.
Standard monthly P&I
Extra principal
Enter an extra monthly principal amount to see interest saved and months or years shaved off the term.
We'll send your numbers over and follow up personally.
We'll send these numbers to your inbox and help you decide whether extra principal, a refinance, or both fits better.
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Extra principal can change the math. I'll help you weigh prepayment against other uses of cash — including a refinance, if the rate is worth it.
Personalized mortgage guidance for buyers, sellers, and refinancers — with a team ready to help across 49 states.