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Prepayment Analyzer

Shorten your amortization period and save interest dollars by making a prepayment (lump sum) on your mortgage!

1. Mortgage Amount
      $

2. Interest Rate
      %

3. Initial Amortization Period
      Year(s)   Month(s)
4. Initial Mortgage Payment
     $
5. Payment Frequency
       Accelerated: 
 
6. Lump Sum Payment (Annually)
     $  Period:  Year(s)
 
7. Mortgage Payment Increase (Annually)
       Period:  Year(s)
 

RESULTS
Revised Amortization period Year(s) and Month(s).
This also represents a savings of $ in interest.