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Prepayment Savings
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:
$
Monthly
Yearly
Make First Additional Payment:
Starting Next Month
One Year From Now
Starting Next Year
*
Present Loan Balance:
$
*
Interest Rate:
%
*
Remaining Loan Term:
Years
0
1
2
3
4
5
6
7
8
9
10
11
12
Months
Loan Type:
Fixed Rate
Adjustable Rate
*
Maximum Periodic Rate Increase:
%
*
Maximum Lifetime Rate Increase:
%
*
Present Rate Changes After:
Months
*
Rate Can Change Every:
Months
Show Amortization Table?
No
Monthly
Yearly
*
= Required
Calculate
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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
Full Application
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Short Application
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Mortgage Calculators
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Printable Forms
|
Mortgage Checklist
|
Mortgage Glossary
|
How to Get a Loan
|
Types of Loans
|
Home Purchase Basics
|
About Sherri
|
About Us
|
State Licenses
|
Texas Mortgage Disclosure
Sherri Crayne, Loan Officer
NMLS #204992
Highlands Residential Mortgage, Ltd. NMLS #134871
2701 Sunset Ridge Suite 109
,
Rockwall
,
TX
75032
Office: (469) 206-2902
scrayne@highlandsloans.com
Copyright © 2018 Highlands Residential Mortgage, Ltd.
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