Pay Extra on Mortgage or Invest?

Compare the outcome of putting extra money towards your mortgage versus investing it

Mortgage Details

$
%
yr
mo

Investment Assumptions

%
%
6.70%

Extra Money

$
$

Net Worth Over Time

Total net worth (home equity + investments) at each year
Pay Extra on Mortgage
Pay down mortgage faster, then invest
$0
Interest saved $0
Time saved 0 years
Mortgage-free in 0 years
Invest Instead
Keep normal payments, invest the extra
$0
Total invested $0
Investment growth $0
Net return (after fees) 0%
Scenario comparison Over the mortgage term...
$0
Breakeven gross return: 0%
Effective mortgage rate: 0%
This calculator provides estimates only and does not constitute financial advice. Returns are not guaranteed and past performance does not indicate future results. The investment scenario assumes a constant annual return, which does not reflect real-world volatility. Speak with a licensed financial adviser before making financial decisions.