Extra Payments Calculator
What does an extra $100 a month really do?
More than you would think. See how much interest a little extra principal saves, and how many years sooner the mortgage is gone.
Applied straight to principal on top of your regular payment.
Estimates for illustration only. Your actual rate and payment depend on credit, property, loan program and final terms. This is not an application or a commitment to lend. Member FDIC. Equal Housing Lender.
Why it works
Every extra dollar goes straight after the interest.
Principal first, interest never
Extra payments skip the interest line entirely and shrink the balance, so every payment after them works harder too.
No penalty for paying early
Ask a lender at any of our branches how extra principal is applied to your loan, and set it up so it happens automatically.
Advice from down the street
Since 1911 we have helped Mercer County families own their homes outright. A real person here can tell you if extra payments beat other uses for the money.
Make the extra automatic.
A quick visit or call sets up biweekly or extra principal payments so the savings happen without thinking about it.