Login

PREPAYMENT SAVINGS CALCULATOR

Prepayment Savings Calculator

Making additional mortgage payments reduces your interest costs by shortening the time it takes to pay off your mortgage and lowering your balance along the way.

Additional Payment Amount

Prepayment Frequency

Make First Additional Payment

Present Loan Balance

Interest Rate

Remaining Loan Term

Years

Months

Loan Type

Fixed Rate

Adjustable Rate

Max Periodic Rate Increase

Max Lifetime Rate Increase

Present Rate Changes After

Months

Rate Can Change Every

Months

Show Amortization Table

Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

Results

Loan Term Reduction

0 years

Interest Savings

$0.00

See Full Report Below

Select the edit icon to edit your custom html

Site Map

PRIVACY POLICY | NMLS

Horizon Bank

515 Franklin Street, MIchigan City, Indiana 46360

888-873-2640 | hbmtg@horizonbank.com

PRIVACY POLICY | NMLS