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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
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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.
OK
Calculate Payment
Loan Amount:
$
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Program
Rate
APR
Payment
30 Year Fixed
3.130%
8.681%
$0.00
15 Year Fixed
2.590%
2.647%
$0.00
5/1 ARM
3.330%
3.362%
$0.00
3/1 ARM
3.950%
3.983%
$0.00
1 Year ARM
3.530%
3.562%
$0.00
Program
30 Year Fixed
15 Year Fixed
5/1 ARM
3/1 ARM
1 Year ARM
Rate
APR
Payment
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More Rates
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Full Application
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Short Application
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Mortgage Rates
|
Mortgage Calculators
|
Printable Forms
|
Free Consultation
|
Mortgage Checklist
|
Check Loan Status
|
Mortgage Glossary
|
How to Get a Loan
|
Why Use a Broker?
|
Types of Loans
|
Home Purchase Basics
|
About Us
|
Bob Smith
|
Tom Holland
|
Dick Morris
|
State Licenses
TENN LOAN, INC.
2209 CRESTMOOR RD., Suite 110
,
NASHVILLE
,
TN
37215
Office: (615) 297-1890
Fax: (615) 297-2246
tomholland@tennloan.com
Copyright © 2021 TENN LOAN, INC.
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