Free Tool · Georgia Closing Professionals

Payoff Calculator.

Counts the days for you — forward or backward. Enter the payoff letter figures and it adjusts for per diem, business-day cushion, federal holidays, and the 3-day rescission. It reduces, not just increases.

Closing Inputs

From the payoff letter and your closing schedule.

Payoff amount The amount from the payoff letter.

Good-through date The date the payoff figure is good through.

Per diem Daily interest charged after the good-through date.

Closing date When the closing actually happens.

Cushion (business days) Safety buffer past disbursement. Skips weekends + federal holidays.

Late fee / flat add-on (optional) A flat amount added on top — e.g. a conditional late fee that applies after the grace date. Leave blank if none.

Apply 3-day right of rescission Refinance of a primary residence. Disbursement is delayed until after the 3-business-day rescission period (TILA: Sundays + federal holidays excluded, Saturdays count).

Reset

Calculated Payoff

Walked through, line by line — from the letter to the final figure.

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Enter the payoff amount, dates, and per diem, then calculate to see the adjusted figure.

How the math works

Disbursement date = the closing date, or — if rescission applies — the next business day after the 3-business-day rescission period expires.
Target funded-through date = disbursement date + cushion business days (skipping weekends and federal holidays).
Day difference = target date − good-through date.
Adjustment = day difference × per diem. A negative difference reduces the payoff; a positive one adds to it.
Final payoff = payoff letter amount + per-diem adjustment + any flat late fee or add-on.

Federal holidays observed (2025–2028): New Year's, MLK Day, Presidents Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, Christmas. A holiday on Saturday is observed Friday; on Sunday, observed Monday.

Caveat: This is a planning tool. Always confirm the payoff with the lender before disbursement — some letters use 30/360 interest or carry prepayment penalties this calculator does not account for.

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