Canadian Mortgage Calculator
Prepayment Analyzer Calculate the effects of prepaying by completing the boxes below. Click on HELP for any box if you do not know what to enter.
1. Mortgage Amount $ Compute Mortgage Amount
2. Interest Rate % Compute Interest Rate
3. Initial Amortization Period Year(s) Month(s) Compute Amortization Period
4. Initial Mortgage Payment $ Compute Mortgage Payment
5. Payment Frequency  Accelerated: 
6. Lump Sum Payment (Annually) $  Period:  Year(s)
7. Mortgage Payment Increase (Annually)  Period:  Year(s)


RESULTS
Revised Amortization period Year(s) and Month(s).
This also represents a savings of $
in interest.


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Information is provided for sample purposes only. Its accuracy is not guaranteed. Information should be verified and should not be relied upon as legal, financial, or other advice.
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