MAI Financial specializes in mortgage loans for all types of borrowers. Compare our rates and personal service to the best lenders: Ditech.com, GMAC, Wells Fargo, Countrywide, Greenpoint, US Bank, Wells Fargo, Chase, Ameriquest, Chase Manhattan, Aegis, Citi, Suntrust, Long Beach, Vanderbilt, PHH, CTX, Cendant, Saxon, EMC, East West, Novastar, Greentree, First Horizon, Option One, Citifinancial, Washington Mutual, Lending Tree, Citibank, and E-Loan. Join our Refi-To-Riches program, which is design to help individuals, and families who are heavily in debt and/or have little or no retirement savings and are facing the inevitable large reductions in government and job pension benefits.

Prepayment Analysis

This calculates your amortization schedule with a monthly prepayment or desired term of loan.

Calculations

Principal Loan Balance:	$
Annual Interest Rate:	%
Amortization Length:	*	Years
* Enter "0" for credit card and other non amortized lines of credit

Your Results

Principal:	$100,000.00
Interest Rate:	8.5%
Amortization Length:	30 Years
Desired Length of Loan:	15 years
Your Monthly PI Payment:	$768.91
Required Monthly Payment to achieve 15 year loan: $987.47 ($218.56 extra a month)
Click HERE for full amortization schedule

Explanation

This has calculated the monthly payment of $987.47 which is needed to cut your loan from 30 years to 15 years.

The accuracy and use of this calculator is not guaranteed.

MAI Financial Services, Inc. - 1267 Willis Street, Suite 200, Redding, CA 96001-0400
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California DRE License # 01454011 & CFL License # 6053028
MAI Financial Services, Inc. is not affiliated with the Appraisal Institute, Inc. or its MAI trademark.