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.

If you require assistance, select the "? help" button.

PRE-PAYMENT ANALYZER
1. Mortgage Amount Compute Mortgage Amount
2. Interest Rate (view rates) 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  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. 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.