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Prepayment

Analyzer

Calculate the effects of prepaying by completing the boxes below. Click on HELP for any box if you do not know what to enter.

1. Mortgage Amount $ Compute Mortgage Amount
2. Interest Rate % Compute Interest Rate
3. Initial Amortization Period Year(s) Month(s) Compute Amortization Period
4. Initial Mortgage Payment $ Compute 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.

Information is provided for sample purposes only. Its accuracy is not guaranteed. Information should be verified and should not be relied upon as legal, financial, or other advice.
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