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Prepayment 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 (Annually)
%
$
Period:
Year(s)
RESULTS
Revised Amortization period
Year(s) and
Month(s).
This also represents a savings of $
in interest.