How Much Will I Save by Prepaying Loan?

Using this calculator, you can determine 3 different scenarios:
1.) Desired length of loan.
2.) Desired monthly payment. If your current payment is $1000 and you want to see what would happen if you added $200 per month. Then you would enter $1200 as you new monthly payment.
3.) Enter "0" for credit card and other non-amortized lines of credit.

   
Loan Amount:
$
Interest Rate:
%
Amortized Length of Mortgage:
(Enter "0" for credit card and other non-amortized lines of credit.)
Yrs
 
 
   
   
Results Shown Below
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