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Original Mortgage

New Mortgage

All Payment Total Loan Amount Total Interest Paid

Payment Breakdown

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

$1,915

per month

  • Principal & Interest
  • Taxes
  • Insurance
  • HOA Dues
  • PMI
  • Extra Payment
  • Monthly Payment
  • Total Payment
  • Home Value:
  • Mortgage Amount:
  • Monthly Principal & Interest:
  • Monthly Extra Payment:
  • Monthly Property Tax:
  • Monthly Home Insurance:
  • Monthly PMI:
  • Monthly HOA Fees:
  • Total # Of Payments:
  • Down Payment:
  • Principal:
  • Total Extra Payment:
  • Total Interest Paid:
  • Total Tax, Insurance, PMI and Fees:
  • Total of all Payments:
Savings Payment Amount Shorten Loan Term By

Early Payoff Strategy

information
Early Payoff Strategy

Add an extra payment and see how many months you can eliminate on the back end of the loan.

Lump Sum Payment

information
Lump Sum Payment

Shorten your loan term by paying a lump sum all to principal.

Total Savings Monthly Savings

Savings

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

1 Years Savings
Years 1 years
Cash Savings Difference Equity

Cash Savings

information
Payment Breakdown

Add an extra payment and see how many months you can eliminate on the back end of the loan.

Origin Loan New Loan +/-
Closing Cost
Principal $446.61 $396.84 $778.35
Interest $450.54 $490.51 $630.44
Cash savings $219.78 $710.68 $782.01

Difference in Equity

information
Payment Breakdown

Shorten your loan term by paying a lump sum all to principal.

Original Principal Remaining
New Principal Remaining $446.61
Difference in Equity $450.54
All Payment Total Loan Amount Total Interest Paid

Payment Breakdown

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

$1,915

per month

  • Principal & Interest
  • Taxes
  • Insurance
  • HOA Dues
  • Extra Payment
  • Monthly Payment
  • Total Payment
  • Home Value:
  • Mortgage Amount:
  • Monthly Principal & Interest:
  • Monthly Extra Payment:
  • Monthly Property Tax:
  • Monthly Home Insurance:
  • Monthly HOA Fees:
  • Total # Of Payments:
  • Down Payment:
  • Principal:
  • Total Extra Payment:
  • Total Interest Paid:
  • Total Tax, Insurance and Fees:
  • Total of all Payments:
Savings Payment Amount Shorten Loan Term By

Early Payoff Strategy

information
Early Payoff Strategy

Add an extra payment and see how many months you can eliminate on the back end of the loan.

Lump Sum Payment

information
Lump Sum Payment

Shorten your loan term by paying a lump sum all to principal.

Disclaimer:

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. This calculator does not have the ability to pre-qualify you for mortgage financing.  Consult with a licensed mortgage loan originator to determine financing qualification requirements. Due to market conditions, interest rates and/or interest rate pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, PMI payments, HOA dues, etc. are estimates and should be used for comparison purposes only. Information obtained by this calculator is not guaranteed. Consult with a licensed mortgage loan originator for accurate loan calculations based on specific mortgage scenario criteria.

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