Hiway 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

Hiway Federal Credit Union

Hiway Federal Credit Union (Hiway), based in St. Paul, Minn., was founded in 1931 to serve the employees of the Minnesota Highway Department. Today, we welcome new membership from select employee groups, individuals and businesses within the metro community area.

111 Empire Dr
Saint Paul, MN 55103-1860
651.291.1515
hiway.org

Resources

Resources

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