Canadian Association of Accredited Mortgage Professionals (CAAMP) / Association Canadienne des Conseillers Hypothécaires Accrédités
  LinkedIn Twitter YouTube Facebook
  • Home
  • CAAMP
  • AMP
  • Resources
  • Education
  • Events

Powered by filogix 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
By making prepayments, the amount of time it will take to pay off your mortgage has been reduced by Year(s) and Month(s).
This also represents a savings of $
in interest.



Copyright © 2003 filogix

SAVE WITH MEMBERPERKS!
MORTGAGE CAREERS
ADVERTISE WITH CAAMP
MORTGAGE LICENSING IN ONTARIO
MORTGAGE LICENSING IN MANITOBA
MORTGAGE LICENSING IN SASK.
MANAGE YOUR ONLINE PROFILE