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Prepayment Savings
Making additional mortgage payments reduces your interest costs by shortening the time it takes to pay off your mortgage and lowering your balance along the way.

* Additional Payment Amount: $
Make First Additional Payment:  
* Present Loan Balance: $
* Interest Rate:    %
* Remaining Loan Term:    Years  Months
  Loan Type:  
  Show Amortization Table?  

 
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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
Mike Bruck, Sr. Mortgage Consultant NMLS LO ID# 283633
Fairway Independent Mortgage Corp. NMLS Entity ID#2289
3419 Cross Timbers Road, Suite 104, Flower Mound, TX  75028
Direct:  (972) 899-5171
Cell:  (214) 502-4409
mikeb@fairwaymc.com
Copyright © 2012
Complaints regarding mortgage bankers should be sent to the Texas Dept. of Savings and Mortgage Lending, 2601 N. Lamar, Suite 201, Austin, TX 78705. A toll-free consumer hotline is available at 1-877-276-5550.

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