Owning

Early payoff

What an extra principal payment saves in interest — and how much sooner you're done.

What the extra payment does

$81,179 interest saved

Current payment (P&I)
$1,967
Paid off sooner
5 yr 7 mo

Every extra dollar goes straight at the balance — the bank never gets to charge interest on it again.

We’re not a lender — this is a budgetary estimate. It assumes a fixed rate and consistent extra payments; confirm with your loan servicer that extra payments go to principal and that your loan has no prepayment penalty (most don’t).

Talk to a lender

These are the lenders Allen works with. For any lender you’d like to talk to, tap Make introduction — we’ll make the introduction for you.

Allen Markel is a licensed Texas REALTOR®, not a mortgage lender or loan originator. He does not quote rates or terms and does not decide whether you qualify — only a lender can do that. Introductions are a courtesy; you choose who to work with.

Numbers raising questions? Walk through them with a person.

Schedule time with Allen