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You can shorten the length of your mortgage and save on interest if you pay extra toward your principal each month. This calculator will help you see how much you could save in the long run.

This calculator is for general education purposes only and is not an illustration of current Navy Federal products and offers.

How Do I Pay Off My Mortgage Early?

From adding a little extra to your principal payment every month to refinancing your loan to a shorter term, here are some ways you can pay off your mortgage early:

Budget Easy Pay

Split your monthly amount due into smaller, more frequent payments. There is no set-up fee.

Learn More about making payments

One-time Payments

Make an additional payment to principal anytime by signing in to our mobile app or online banking. Select your mortgage and click Make a Payment.

Sign In to online banking


Refinance your mortgage to a shorter term. For example, if you have a 30-year loan, refinance to a 15-year term.

Learn More about refinancing your mortgage

More About Mortgages