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Prepayment Savings
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:
$
Monthly
Yearly
Make First Additional Payment:
Starting Next Month
One Year From Now
Starting Next Year
*
Present Loan Balance:
$
*
Interest Rate:
%
*
Remaining Loan Term:
Years
0
1
2
3
4
5
6
7
8
9
10
11
12
Months
Loan Type:
Fixed Rate
Adjustable Rate
*
Maximum Periodic Rate Increase:
%
*
Maximum Lifetime Rate Increase:
%
*
Present Rate Changes After:
Months
*
Rate Can Change Every:
Months
Show Amortization Table?
No
Monthly
Yearly
*
= Required
Calculate
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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
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SFC Financial Network
Mark Klein - Skyline Financial Corp - PCL Division
27349 Agoura Road
,
Calabasas
,
CA
91301
Office: (818) 865-0600
Fax: (818) 865-2508
team@sfcfn.com
Copyright © 2012 Copyright © 2011 Skyline Financial Corp. dba Skyline Home Loans Nationwide Mortgage Licensing System & Registry (NMLS) Company ID # 12072, California - Licensed by the Department of Corporations under the California Residential Mortgage Lending Act File No: 413-0296, Colorado – Registered with Colorado Division of Real Estate, Hawaii – Licensed by the Hawaii Division of Financial Institutions No. HI-12072, Idaho - Licensed by the Idaho Department of Finance MBL-7422, New Mexico - New Mexico Financial Institutions Division, Registered Mortgage Company License # 01653, Oregon - Licensed by the Division of Finance & Corporate Securities No. ML2797, Texas – Registered with Texas Department of Savings and Mortgage Lending, Utah - Licensed by the Division of Real Estate License # 5318719, Washington - Licensed by the Department of Financial Institutions No. CL 12072.
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