Calculators
A modest extra payment every month can cut years off your loan and tens of thousands off total interest — because it comes straight off the balance interest is calculated on. See the actual numbers for your loan.
21 yr 2 mo
Payoff time with extra payments
27 yr
Without extra payments
5 yr 10 mo
Time saved
$79,680
Interest saved
$235,040
Total interest with extra payments
These calculators provide estimates for educational purposes only — they are not a loan quote, rate lock, pre-approval, or commitment to lend, and actual figures depend on your full application, credit profile, and current rates through Unitas Lending. Property tax, insurance, and HOA figures are user-entered estimates, not verified amounts.
Want real numbers instead of an estimate? Get pre-approved.
Frequently Asked
It guarantees a return equal to your interest rate, which is a good deal at today's rates — but it also ties up cash you can't get back without refinancing or selling. Compare it against other goals like retirement contributions or an emergency fund before committing to it as a strategy.
What matters is that it's applied to principal, not held as a prepaid future payment — confirm with your servicer how to designate an extra payment so it actually reduces your balance immediately.