Modern dining room with six gray upholstered chairs around a dark wooden table, decorated with a green centerpiece, silverware, wine glasses, and blue napkins. The room features blue curtains, abstract blue and white artwork on the walls, a gold chandelier hanging from the ceiling, large windows with blinds, a gray rug, and light wood flooring.

See How Small Extra Payments Can Create Big Financial Wins

Paying off your mortgage faster doesn’t have to be complicated. The Principal Paydown Forecaster helps you clearly understand how making additional payments—big or small—can accelerate your loan payoff timeline and save you thousands in interest.

Available Now

Try the Principal Paydown Forecaster

Enter your loan details and test extra monthly, yearly or one-time payments. Members can save plans and come back to them.

Your Loan

Use the numbers from your latest mortgage statement.

Current Loan Balance ($)

Interest Rate (%)

Time Left on Your Loan

Years

Months

Extra Payments

Try monthly, yearly or one-time amounts toward principal.

Extra Each Month ($)

Extra Once a Year ($)

Paid In

One-Time Payments

Month 1 is your next payment.

4 years

Time Saved

$60,996

Interest Saved

November 2052

New Payoff Date

Your Balance Over Time

Regular payment $1,896/mo (principal & interest)

Current Schedule

Paid Off: November 2056 (30 years)
Total Interest: $382,637
50% Paid: April 2048

With Extra Payments

Paid Off: November 2052 (26 years)
Total Interest: $321,641
50% Paid: October 2044

Estimates for a fixed-rate loan, assuming every extra amount goes to principal. Taxes, insurance and escrow aren't included. Check with your loan servicer that extra payments go to principal and that there's no prepayment penalty.

Saved Plans

Create a free account to save plans and come back to them later.

Bright living room with white walls, large window with fall trees outside, white sofa, wooden armchair, coffee table, black and white wall art, houseplants, and modern lighting fixtures.

Explore “What-If” Scenarios in Seconds

Curious about the impact of paying an extra $100 per month? Or making a one-time lump sum? This tool lets you test different scenarios instantly and see how your loan length and interest savings change in real time.

Add monthly, yearly, or one-time payments to your forecast
View how each strategy shortens your loan term
Instantly calculate total interest savings across the life of the loan

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Track the cumulative interest saved

Visualize the Power of Paydown

Interactive charts and graphs make your mortgage strategy easy to understand. See how your principal balance drops faster and when you’ll hit key milestones like 50% paid or early payoff eligibility.

Compare your current payoff date with adjusted timelines
Track the cumulative interest saved
View principal reduction over time with side-by-side projections

Living room with built-in bookshelves, a fireplace, a chandelier, and modern furniture.

Achieve Your Financial Goals Faster

Whether you’re aiming to be mortgage-free before retirement, free up cash flow for other investments, or reduce long-term interest costs, the Principal Paydown Forecaster gives you the insights to make informed decisions with confidence.

Create a customized strategy that fits your goals and budget
Decide if and when to increase monthly payments
Plan large future paydowns in a tax-efficient way

Bright living room with a round white dining table surrounded by gray upholstered chairs, a large black vase with dried pampas grass, a large green plant, a gray sofa, and framed artwork on the wall. Large windows with cream curtains allow natural light.

Works Seamlessly with Your Nexus Real Estate Dashboard

This tool integrates with your Loan Payment Tracker, Home Equity Tracker, and Transaction Estimator to give you a complete view of your financial position as a homeowner.

Align extra payments with your equity strategy
Combine forecasts with real-time property value and interest rate health
Store and revisit scenarios as your finances evolve

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Cut years off your mortgage

Why It Matters

Even small additional payments can lead to huge long-term savings, but only if you can clearly see the results. With the Principal Paydown Forecaster, you can:

Cut years off your mortgage
Reduce interest paid by tens of thousands
Make confident, data-backed payment decisions

Get Started

Ready to make your next move?

Consumers & Members:

Create a free account,
activate your savings

Agents & Brokers:

Apply to the network,
receive referrals

Employers & Businesses:

Launch a program
for your people

Create an account to explore the benefits built for you, or talk with our partnerships team about a program.

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