Interlinc Mortgage

Home
Prequalify
- Prequalify
- Edit Prior Application
- Blank Printable Application
- Printable Bilingual Application
- Free Quick Quote
- New Purchase
- Refinance Adviser
- Debt Elimination
Loan Center
- Loan Checklist
- Loan Update
- Mortgage Glossary
- Today's Rates
Learn More
- Web Links
Calculators
- Basic Mortgage Qualification
- Bi-Weekly Mortgage
- Detailed Mortgage Qualification
- How Much Can I Afford?
- Monthly Loan Payment
- Prepayment Analysis
- Prepayment Mortgage Reduction
- Principal After X Years
- Rent vs. Own
Company Info
- Testimonials
- Site Security
- Contact Us
- Texas Complaint Recovery Notice
Free Mortgage Info
- 8 Questions You Must Ask When Applying for a Mortgage
- Insider Secrets on How to Lower Your Interest Rate
- Request an Estimate of Closing Costs
- 8 Mistakes Borrowers Make When Applying for a Mortgage
- How Does the Debt-to-Income Ratio Work?

Interlinc Mortgage

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.

Interlinc Mortgage
10613 W Sam Houston Pkwy N Suite 200, (corporate address) Houston, TX 77064
Phone: 281-420-0600
Fax: 281-837-7578

InterLinc Mortgage Services, LLC TX Mortgage Banker Reg. #205696