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PRE-PAYMENT MORTGAGE REDUCTION CALCULATOR

Choose the Option (A or B) and complete ONLY the corresponding fields for the selected Option:

A1. Current Principle Balance
A2. Current Prin+Int Monthly Payment 
B1. Original Principle Balance
B2. Month of First Payment - 
B3. Length of Mortgage (Years)

Complete the following regardless of the Option chosen above:

Current Annual Interest Rate 
Additional Monthly Pre-Payment * 
Increase Monthly Payment each year by (%) 

* Enter the letter "B" (do not include quote marks) here to do a biweekly conversion.

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