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Prepayment Mortgage Reduction

This form allows you to see how paying an additional amount on your monthly mortgage payment reduces the length of your mortgage. You may have to contact your mortgage company to get your current principle balance. Change the default values in the form as required. They are only provided as an example.
Current Principle Balance: $
Current Annual Interest Rate: %
Current Prin+Int Monthly Payment: $
Additional Monthly Pre-Payment*: $

* Enter B here to do a biweekly conversion from here.

[ Affordability Calculator | Convertible Balloon Mortgage Calculator |
| Mortgage Payment Table | Income Requirement | Mortgage Calculator |
| How Will Prepaying Change my Loan | Prepayment Mortgage Reduction | Prepayment vs. Investment - A Scenario ]