Prepayment Analyzer

Calculate the effects of prepaying by completing the boxes below. Click on HELP for any box if you do not know what to enter.

1. Mortgage Amount $ Compute Mortgage Amount
2. Interest Rate % Compute Interest Rate
3. Initial Amortization Period Year(s)
Month(s)
Compute Amortization Period
4. Initial Mortgage Payment $ Compute Mortgage Payment
5. Payment Frequency
 Accelerated: 
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.


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Copyright 2002 Centum Financial Group Inc.

Jeff Evans

Mortgage Broker
#200-2851 Simpson Ave.
Richmond, BC V6X 3H6
vancouver mortgage broker

Mortgage Affiliations