Mortgage Loan Calculator Results

Your payment is MONTHLY_PI for the entire amortization period of PAYMENTS_LBL with a rate of INTEREST_RATE assuming the interest rate does not change during the amortization period.

**GRAPH**

Mortgage Summary
Loan amountLOAN_AMOUNT
AmortizationTERM_LBL
Loan will be paid off afterPAYMENTS_LBL
Loan will be paid off afterPAYMENTS_LBL for your schedule payments PREPAY_PAYOFF_MESSAGE
Interest rateINTEREST_RATE
PaymentMONTHLY_PI
Total of paymentsTOTAL_OF_PAYMENTS
Total interest paidINTEREST_PAID

Prepayment Results

Principal prepayments on your mortgage can save you a great deal of interest. They can also shorten the time it takes to pay off your mortgage, in many cases, by several years, assuming the interest rate does not change during the amortization period. PREPAY_MESSAGE

Prepayment Summary
AmountPREPAY_AMOUNT PREPAY_TYPE
Start with paymentPREPAY_STARTS_WITH 
Total paymentsPREPAY_TOTAL_OF_PAYMENTS 
Total interestPREPAY_INTEREST_PAID 
Interest savingsPREPAY_INTEREST_SAVINGS 

Payment schedule

**REPEATING GROUP**