Mortgage Extra Payoff
Mortgage Extra Payoff is a local-first mortgage payoff planner for manual extra-principal scenarios.
What Mortgage Extra Payoff helps with
Mortgage Extra Payoff helps you:
- compare your baseline remaining payoff schedule with an extra monthly principal payment
- see the effect of a one-time lump-sum principal payment
- backsolve the extra monthly payment needed to hit an earlier payoff target
- save local payoff scenarios for later review
What Mortgage Extra Payoff does not do
Mortgage Extra Payoff does not:
- connect to lenders or servicers
- import mortgage statements
- calculate escrow, taxes, or insurance
- model adjustable-rate mortgages
- provide refinance shopping or financial advice
Common questions
### Does the app connect to my mortgage account?
No. Mortgage Extra Payoff is fully offline and manual.
### Does the app calculate the exact payoff quote from my lender?
No. The app estimates the payoff path from the balance, rate, term, and extra-principal scenarios you enter. Your lender’s real payoff quote may differ.
### Do prepayment penalties matter?
They can. Some loans may have prepayment penalties or terms that affect how extra payments are applied. Always confirm the real loan terms with your lender.
### Does the app include taxes, insurance, or escrow?
No. Version 1.0 focuses on principal-and-interest payoff math only.
Troubleshooting
If a result looks wrong:
1. Recheck the remaining principal balance. 2. Recheck the annual rate and years remaining. 3. Confirm whether your lender applies extra payments directly to principal. 4. Confirm whether your loan has any prepayment penalty or servicing rule that changes the real outcome.
Contact
Email support questions to yangguangwin@icloud.com.