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Meet a Payoff Goal

How much additional monthly payment is necessary to pay off your mortgage?

Payoff Goal

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Added Monthly Payment Necessary to Meet Goal ---
Savings in Interest ---

If you would like to pay off your mortgage in 1 years instead of the current 1.08 years, you will need to start making a second monthly mortgage payment in the amount of $428.05. This will cut your current mortgage interest cost from $1,718.91 down to $1,577.65, a savings of $141.27 in interest charges.

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Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2017 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last updated on Mar 30, 2017.

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