Pre-Payment Analyzer

Calculate your mortgage payment Discover how many years you can shorten your amortization Discover the interest savings you can realize by making prepayments (lump sum) on 'your mortgage.

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PRE-PAYMENT ANALYZER
1. Mortgage Amount
2. Interest Rate
3. Initial Amortization Period	year(s) month(s)
4. Initial Mortgage Payment
5. Payment Frequency	Monthly Semi-Monthly Bi-Weekly Weekly  Accelerated:  No Yes
6. Lump Sum Payment (Annually)	Period:  year(s)
7. Mortgage Payment Increase	% $  Period:  year(s)
Calculate

RESULTS

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

 

Information is provided for sample purposes only. Michael Friedman Home Financial Group LTD does not guarantee its accuracy. Information should be verified and should not be relied upon as legal, financial, or other advice.