close
    How do I calculate mortgage prepayment bi monthly with additional payments to principal?

    My Loan amount is $252,375 with a rate of 4.50% for 300 months, my payment is $1686.73 I want to pay $1000 on the 15th and $1000 on the the 1st of every month starting July 15th.

    0  Views: 791 Answers: 1 Posted: 13 years ago

    1 Answer

    Try this>>http://www.mtgprofessor.com/mpcalculators/ExtraPaymentsCalculator/ExtraPayments1.asp

    country bumpkin

    Moderator
    Good Afternoon!


    Top contributors in Personal Finance category

     
    Colleen
    Answers: 222 / Questions: 1
    Karma: 3960
     
    ROMOS
    Answers: 71 / Questions: 0
    Karma: 3840
     
    Benthere
    Answers: 3 / Questions: 0
    Karma: 3345
     
    country bumpkin
    Answers: 43 / Questions: 0
    Karma: 3030
    > Top contributors chart

    Unanswered Questions

    WI88
    Answers: 0 Views: 4 Rating: 0
    happyone
    Answers: 0 Views: 5 Rating: 0
    luck8uscom
    Answers: 0 Views: 11 Rating: 0
    okwindecom
    Answers: 0 Views: 15 Rating: 0
    bem88scom
    Answers: 0 Views: 15 Rating: 0
    immecare
    Answers: 0 Views: 17 Rating: 0
    b&o beosound a5
    Answers: 0 Views: 16 Rating: 0
    > More questions...
    521165
    questions
    758134
    answers
    866635
    users