Prepayment Analyzer
1
Mortgage Amount
$
Calculate
2
Interest Rate
%
Calculate
3
Initial Amortization Period
Years
Months
Calculate
4
Initial Mortgage Payment
$
Calculate
5
Payment Frequency
Monthly
Semi-Monthly
Bi-Weekly
Weekly
Accelerated?
No
Yes
6
Lump Sum Payment
$
Period
Years
7
Mortgage Payment Increase
Type
%
$
Period
Years
Calculate
Your Prepayment Analysis:
Revised Amortization Period
Years
Months
Savings on Interest Costs
$
NOTES
Calculations can vary by up to 10% on property type, interest rate type, and down payment amount
Contact your mortgage agent today to get an accurate estimate