The Bull Brew · Daily Tool

Burn the Mortgage

What if you threw an extra few hundred at the mortgage every month? Watch the payoff date sprint toward you and a pile of interest vanish.

1 · Your loanEnter balance, rate, and time left on the mortgage.
2 · Your extraDrag the slider. The payoff date moves live.
3 · The proofChart, year-by-year table, interest saved — then save the plan.
With your extra payments
—

of mortgage payments erased

Debt-free on
—
Instead of
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Interest you keep
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Your numbers

Drag the sliders. The verdict updates live. No account, no tracking — everything stays in your browser.

$300

The burn-down

Balance over time. Gold is you with extra payments — watch it dive.

With extra payments Minimum payments

Year by year

End-of-year balance and total interest paid, both paths side by side.

YearBalance · minimumInterest · minimumBalance · with extraInterest · with extra

Why the bank gets paid first

Every month, your interest charge is the rate times your current balance — so early on, when the balance is fattest, most of your payment is interest and barely dents the principal. An extra dollar of principal today doesn't just cut the balance by a dollar; it kills every future interest charge that dollar would have generated for the rest of the loan. That's why small extra payments, started early, erase years — you're not paying faster, you're starving the interest.

Saved scenarios

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