Additional Payments Mortgage Calculator

If you’re trying to pay down your existing mortgage, you might be wondering what the impact would be if you simply increased your monthly payment each month by just a little, or even a lot. When you increase your monthly payment, the amount of the increase gets applied directly to reducing the amount owed, or principle.

This is just one of several free online mortgage calculators we offer about various home loan related scenarios. Questions and your current loan is serviced by Greater Nevada Mortgage? Contact our Loan Servicing team and we can help answer them for you.

Important note: Include only your Principal & Interest amount in the monthly payment field. Exclude any extra amounts (like Tax & Insurance) to have the calculator show you accurate information in the Current Payment Level section.

This calculator is indeed solely for general information and educational purposes. Greater Nevada Mortgage does not guarantee the accuracy of the calculations or the availability of any of the terms provided. Your actual rate, payment and costs could be higher. The calculator is not intended in any way as financial, insurance, tax or legal information regarding your financial situation, please consult with a financial advisor.

Buy a Home

Refinance Your Mortgage

Home Equity Line of Credit (HELOC)

The ABCs of Home Loans

Homebuying, refinancing, and equity made simple–that’s how we do things at Greater Nevada Mortgage. Get started with the resources below or get in touch with our team.

Connect with a Consultant

Learn More About Mortgages

Homeowners

Top Refinancing Options to Lower Mortgage Payments as Rates Fall

If you’re a homeowner, you’ve likely heard about refinancing and wondered if it’s the right time to explore your options. With mortgage interest rates continuing to shift and homeowners seeking creative ways to save, refinancing can offer mortgage holders a path to lower monthly payments, access to home equity, or can even be used as a method to consolidate debts. Explore popular refinancing options that can help homeowners like you achieve these goals.

read more

Homebuyers

Misconceptions About Home Affordability Could Be Leaving Families Out of Creating Generational Wealth

James Anderson, President of Greater Nevada Mortgage, talked with BadCredit.org about how false beliefs may discourage individuals from pursuing homeownership, which is one of the primary avenues for accumulating and passing down wealth across generations.

read more