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Prepayment Calculator
Prepaying on your home mortgage can greatly reduce the loan term. To find out how quickly a few extra dollars a month can add up, enter your current principal balance and total monthly payment below.
Current mortgage balance
$
Remaining term on your current mortgage
years,
months
Current interest rate
%
Extra payments amount
$
Results options
Show only the summary
Show the full amortization table
Results
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Each depositor insured to at least $250,000 by the Federal Deposit
Insurance Corporation (FDIC); all deposits above this amount are
insured by the Depositors Insurance Fund (DIF).
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