Online mortgage prepayment calculator: supports equal principal-and-interest and equal principal repayment methods; enter the loan amount, interest rate, number of payments already made and the prepayment amount to estimate the monthly payment and the interest saved after shortening the term or reducing the monthly payment.
Original repayment plan
Monthly payment -
Total interest -
Remaining payments -
After prepayment
Monthly payment -
Total interest -
Remaining payments -
-
Interest saved
Estimated using common mortgage formulas; for equal principal, the monthly payment shown is the first month's. Results are for reference only and the bank's figures prevail. Everything is calculated locally in your browser.
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