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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
Cancel
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.
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Mortgage Calculators
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Printable Forms
|
Mortgage Checklist
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Free Consultation
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Check Loan Status
|
Mortgage Glossary
|
Types of Loans
|
How to Get a Loan
|
Home Purchase Basics
|
Loan Officers
|
About Us
FIRST CREDIT UNION
25 S. Arizona Place, #111
,
Chandler
,
AZ
85225
Office: (480) 756-4690
Toll Free: (800) 732-6986
Fax: (480) 568-8830
Scot.Gilbreath@firstcu.net
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