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Products that do what Meihus – Mortgage calculator that shows early payment impact monthly does
I built it because I needed a way to see how much will my early payments save in interest overtime. Most of the websites I found are solely made for the US, which does not help my case. So I built one that has a bit more flexibility in terms of loan data. Any feedback is appreciated.
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Hey. I built a loan (mortgage) calculator that lets you compare the savings from overpaying your loan with the potential profits from investing those extra funds. It will help you answer a key question: is it smarter to overpay your mortgage or invest the extra money? See the hard data and make smarter financial choices! The comparison is simple: 1. Both the overpayer and the investor have the same mortgage. 2. They both spend the same amount monthly. 3. The overpayer overpays the mortgage installments. 4. The investor puts that extra money into investments. Who comes out ahead after the…
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