Mortgage Amortization Calculator
This calculator shows how much of your monthly mortgage payment goes toward paying principal and how much goes to pay interest over the course of your mortgage.
We've talked about prepaying your mortgage at Get Rich Slowly (see "Should You Prepay Your Mortgage?", "Mortgage Prepayment Made Easy: Own Your Home in Half the Time", and "Ask the Readers: Should I Invest or Prepay My Mortgage?" for example). Find out how much you can save by prepaying some of the principal using this calculator.