Carlos Scarpero- Mortgage Broker

Mortgage Prepayment Calculator

Mortgage Prepayment Calculator

See how extra payments can save you thousands in interest and shorten your loan.

Original Loan Amount
$50,000$2,000,000
Enter the original loan amount.
Original Loan Term
5 years30 years
Select the original loan term in years.
Interest Rate
0%12%
Enter the annual interest rate.
Remaining Term
yr mo
How much time is left on your mortgage.
Repayment Strategy
$ / month
Interest Saved
$0
0% less interest paid

Time Saved
0 mo
0% faster payoff

New Payoff Time
0 yr
Originally 0 yr

Total Interest (with prepayment)
$0
Originally $0

Total Remaining Payments
$0
Originally $0

Side-by-Side Comparison

OriginalWith Prepayment

Amortization Schedule

MonthPaymentPrincipalInterestBalance
For informational purposes only. Consult a financial advisor for personalized advice.

Take the 30 second mortgage quiz to see if you qualify

Skip to content