Hometrust Mortgage Company

Home | Site Security | Privacy Policy

Apply Online
- Apply Online
- Edit Prior Application
- Blank Printable Application
- Printable Bilingual Application
- Free Quick Quote
- New Purchase
- Refinance Adviser
- Debt Elimination
- HTC Disclosures
Loan Center
- Loan Checklist
- Loan Programs
- Loan Update
- Mortgage Glossary
- Today's Rates
Calculators
- Basic Mortgage Qualification
- Bi-Weekly Mortgage
- Detailed Mortgage Qualification
- How Much Can I Afford?
- Monthly Payment
- Prepayment Analysis
- Prepayment Mortgage Reduction
- Principal After X Years
- Rent vs. Own
Company Info
- About Us
- Privacy Policy
- Testimonials
- Site Security
- Contact Us
- Texas Complaint Recovery Disclaimer
Learn More
- Web Links
- Accuracy of Credit Report
- Credit Report Errors
- Credit Risk
- Factors of the Credit Score
- Mortgage Process
- Escrow Accounts
- Insurance Needs
- Refinance Options

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.