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Early Mortgage Payoff Calculator

Are you dreaming of achieving financial freedom? Are you tired of being tied down by mortgage payments? Look no further! In this ultimate guide, we will walk you through the power of an early mortgage payoff calculator and how it can pave the way for your financial independence. With the right tools and knowledge, you can take control of your financial future by paying off your mortgage faster than you ever thought possible. An early mortgage payoff calculator is your secret weapon in this journey. By crunching the numbers and assessing different scenarios, this calculator empowers you to make informed decisions about your mortgage. It helps you determine how extra payments and other adjustments can impact your payoff timeline and save you thousands of dollars in interest expenses. Whether you're just starting your mortgage or have been paying for a while, this guide will provide you with step-by-step instructions on using the calculator effectively. Get ready to unlock the door to financial freedom with the ultimate guide to using an early mortgage payoff calculator.

Early Mortgage Payoff Calculator

$
Current Monthly payments $
Monthly accelerated payment $
Total scheduled payments $
Total accelerated payments $
Total savings $

Put in your Original Mortgage Term in years (such as a 30 year mortgage)

How many years remain on your mortgage?.

How much Additional Payment of a payment you would like to make (as a scenario)

Your current Interest Rate?

Then hit Calculate to see your potential savings.

OR To determine estimated payoff, type in ‘0’ for additional payment, type in the ‘Years Remaining’, then hit “Calculate’. See ‘Total Scheduled Payments’

Loan Calculating

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    "Consumers wishing to file a complaint against a company or a residential mortgage loan originator should complete and send a complaint form to the texas department of savings and mortgage lending, 2601 north lamar, suite 201, austin, texas 78705. complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. a toll-free consumer hotline is available at 1-877-276-5550.

    The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. a written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. for more information about the recovery fund, please consult the department’s website at www.sml.texas.gov."

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