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Prepayment Calculator

 
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
By making prepayments, the amount of time it will take to pay off your mortgage has been reduced by
Year(s) and Month(s).
This also represents a savings of $
in interest.


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Mortgage Payment Calculator

Prepayment Calculator

Rent vs. Buy Calculator

Land Transfer Tax Calculator (Ontario)

 

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