Government Employees 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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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.