Welcome, Guest! What if I pre-pay my loan?

	This form allows you to see how prepaying your mortgage reduces the length of your mortgage by putting in the current values for your loan. If you know your current principal balance and principal/interest payment, enter then in fields A1 and A2. Otherwise enter the three values for your loan in B1, B2 and B3. (Original Loan Amount, Month of First Payment, Length of Loan).

	Current Annual Interest Rate   Additional Monthly Pre-Payment*   Increase Monthly Payment each year by (%)   Show Table   Yes No Choose the Option:   Option A Option B A Current Principal Balance (if known)   Current Prin+Int Monthly Payment   B Original Principal Balance   Month of First Payment   - Length of Mortgage (Years)   * = Enter B here to do a biweekly conversion from here.