Prepayment Analyzer

Calculate the effects of prepaying by completing the boxes below.

1. Mortgage Amount $ Compute
2. Interest Rate % Compute
3. Initial Amortization Period Year(s) Month(s) Compute
4. Initial Mortgage Payment $ Compute
5. Payment Frequency  Accelerated: 
6. Lump Sum Payment (Annually) $  Period: Year(s)
7. Mortgage Payment Increase (Annually) Period: Year(s)

Compute Results

Results

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