VanDyk Mortgage Corporation

VanDyk Mortgage Corporation

Prepayment Calculator

The Prepayment Calculator shows how making regular extra payments can reduce interest and shorten your loan term compared to a standard loan. Use the calculator to explore how different prepayment amounts can impact your loan, saving you money on interest and helping you pay off your debt faster.

Prepayment Calculator

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.

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Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

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Yearly Amortization Schedule
Time PeriodPaymentExtra PaymentPrincipalInterestBalance