Calculate Your Savings

Use this calculator to estimate the savings of a 30-year loan. Enter your loan amount, monthly payment (don’t include your escrow, property taxes and insurance), and your interest rate. Then press the calculate button. You will then be able to view your savings in interest and the number of years you can reduce from your mortgage.

Loan Amount:

Monthly Payment (Don’t Include Escrow):

Interest Rate:

Total Interest (Paying Monthly):

Total Interest (Paying Bi-Weekly):

Total Interest Savings:

Number of Months Paid:

Number of Years Reduced:

The calculation above is an estimate and is to be used for reference in consideration of a bi-weekly mortgage program by the LZL Equity Programs Company. For a more comprehensive report comparing a mortgage paid using the “bi-weekly payment program” to a mortgage paid using the “regular monthly” payment method fill out the Mortgage Comparison Form and mail or fax it to our office. There is no charge for this mortgage comparison service and upon receipt of the form it will be processed and mailed from our office to you in 2 to 3 business days.