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

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    0  Views: 768 Answers: 1 Posted: 12 years ago
    Tags: mortgage prepayment
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      1 Answer

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

      12 years ago. Rating: 2
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        country bumpkin

        Moderator
        Good Afternoon!
        commented 12 years ago


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