Happy Home Buyers, LLC.
We buy and sell homes all over the Metropolitan Washington DC area, Virginia and Maryland.
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Financial Calculators

Use our Financial Calculators to help make your financial planning more convenient.

This payment calculator will help you calculate your monthly payment and the impact of making extra payments.

  Calculate your monthly payment and the impact of extra payments

Loan Amount:

Loan amount: The total amount of the money that you have borrowed.

Loan term: years

The number of years you have to pay off the loan.

Interest Rate: % per year

The exact interest rate on your mortgage. This is different from the annual percentage rate or APR which is a standardized method of calculating the cost of a mortgage, stated as a yearly rate which includes such items as interest, mortgage insurance, and certain points or credit costs.

Loan Start Date:
Your Monthly Payment:

This calculation includes only principal and interest. Mortgage payments usually include additional payments for insurance and taxes that are put into escrow to be paid out when they come due.

  Calculate the impact of making extra payments:

Adding: to your monthly payment

This calculates the impact on the paid-off date of adding a specified amount to every monthly payment throughout the length of the loan.

Adding: as an extra yearly payment every

This calculates the impact on the paid-off date of adding a single payment of a specified amount every year.

Adding: as a one time payment in

This calculates the impact on the paid-off date of adding a single payment.

Changes paid-off date to:

This tells you how much sooner your loan will be paid off if you add extra payments.

These Calculators are provided as a free service to our users. No guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose. The result of this calculation should not be taken as a statement of one's credit-worthiness, but rather a general guideline of industry practices. Use of any calculator on this site shall constitute acceptance of the terms of this agreement.