Cedar Point Federal Credit Union

Should I Make Extra Payments on My Mortgage?
Calculator

By making extra payments on your mortgage you could build equity faster and reduce your amortization period, resulting in paying off your mortgage sooner, paying less interest overall and becoming an attractive risk for lenders. Use this calculator to find out if you should consider making extra payments on your mortgage.

Mortgage Information

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Results

Extra Payments

Monthly Payment Information

Current
With Extra Payments
Principal & Interest
$0
$0
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Taxes & Insurance
$0
$0
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Mortgage Insurance
$0
$0
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Total Payment
$0
$0
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How extra payments will affect your mortgage.

Information

Cedar Point Federal Credit Union

Cedar Point Federal Credit Union serves the Community of Southern Maryland. If you live, work, worship, go to school, or regularly conduct business in St. Mary's, Calvert, or Charles County, you and your family are invited to join Cedar Point. We also welcome local businesses and organizations.

22745 Maple Rd
Lexington Park, MD 20653-6305
(301) 863-7071
www.cpfcu.com

Resources

Resources

The HomeLoanLearningCenter.com provides step-by-step information on how to become financially literate.