THE 5% HACK + BEYOND 5%

Less interest.
More freedom.

Find out how increasing your payment could move your payoff date forward. Change any assumption and see the result instantly.

HOW IT WORKS

Increase the whole scheduled payment by a chosen percentage at each adjustment—not just the extra principal.

Extra funds are applied to principal. Escrow is never treated as principal repayment.

Illustrative numbers are loaded. Replace them with your loan details. The app saves changes on this device only.

Your mortgage

Use today's balance for the most accurate forecast.

Original loan amount

Interest rate

Loan term

years

Loan start date Next payment date Current balance (optional)

Monthly escrow (optional)

Contractual monthly P&I— Enter lender's P&I manually

The loan start date is used to estimate a balance if you leave it blank. For a refinanced loan or past extra payments, enter your actual remaining principal.

Payment strategy

Start with a preset, then customize the schedule.

Starting extra principal

5% of monthly P&I Calculation basisFor computing extra and growing the budget. Increase by

How often? First increase on How increases apply

Advanced growth rules & payment ceiling⌄

Raise growth rate by

points

Every N increases

steps

Max growth per step

Monthly P&I ceiling (optional)

Beyond 5% starts with 5% payment increases, adds one percentage point after every two increases (5%, 5%, 6%, 6%, …), and caps the rate at 10%. A payment ceiling stops the monthly P&I amount from rising above your chosen limit.

Calculations assume a fixed-rate, fully amortizing loan, monthly interest at APR/12, no fees, no recast, and that the lender applies overpayments directly to principal.

YOUR PROJECTED PAYOFF 5% Hack

—

Based on your payment plan

Time saved——

Interest saved——

Minimum payment only—

Your plan—

Remaining balance

The difference between staying on schedule and accelerating.

Minimum only Your strategy

Lines begin at your next mortgage payment. The original loan's past interest is not included.

Payoff breakdown

From the next payment onward

Minimum onlyYour plan

Remaining interest——

Remaining payments——

First payment (P&I)——

Highest monthly P&I——

Compare strategies

Same mortgage, starting extra, and adjustment frequency.

Preset comparisons use a flat 5% or a 5%→10% increase schedule. Current settings may differ.

Payment schedule

Projected principal, interest and balance by year.

Year	Payments	Principal	Interest	End balance
Enter mortgage details to calculate.

The final payment may be smaller than your normal payment amount.