Prepayment Mortgage Reduction     This calculates your amortization schedule with a monthly prepayment.           Calculations            Principal Loan Balance: $      Annual Interest Rate: %      Amortization Length (in Years):      Additional Monthly Prepayment: $      Increase Monthly Payment each year: %             Your Results            Principal: $ 100,000.00      Interest Rate: % 8.5      Amortization Length:   30 Years      Additional Monthly Prepayment: $ 50.00            Your monthly PI Payment is: $ 768.91       By following this schedule, your loan will terminate in 283 months (23.58 years) Click HERE  for full amortization schedule           Explanation By paying an extra $50.00 per month, you will pay this loan off in 283 months. The accuracy and use of this calculator is not guaranteed.

Martin Wirth
Branch Manager

toll-free. 888-741-LOAN
phone. 303-440-6900 
fax. 303-443-3949