Mortgage Broker - Prepayment Savings

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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

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Company State Licenses
Privacy Policy

NMLS 815059 | FAIR LENDER | FAIR HOUSING

New England Residential Finance, LLC is a MORTGAGE BROKER ONLY NOT A MORTGAGE LENDER OR A MORTGAGE CORRESPONDENT LENDER (Sec. 36a-497)

Mortgage Broker licensed by the Florida Office of Financial Regulation

Verify our licenses by entering our names or NMLS numbers at www.nmlsconsumeraccess.org

415 Wolcott Road, Unit 4, Wolcott, CT 06716

203-441-4716 | info@nerfllc.com

NMLS 815059 | FAIR LENDER | FAIR HOUSING

New England Residential Finance, LLC is a MORTGAGE BROKER ONLY NOT A MORTGAGE LENDER OR A MORTGAGE CORRESPONDENT LENDER (Sec. 36a-497)

Mortgage Broker licensed by the Florida Office of Financial Regulation

Verify our licenses by entering our names or NMLS numbers at www.nmlsconsumeraccess.org