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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:
$
Monthly
Yearly
Make First Additional Payment:
Starting Next Month
One Year From Now
Starting Next Year
*
Present Loan Balance:
$
*
Interest Rate:
%
*
Remaining Loan Term:
Years
0
1
2
3
4
5
6
7
8
9
10
11
12
Months
Loan Type:
Fixed Rate
Adjustable Rate
*
Maximum Periodic Rate Increase:
%
*
Maximum Lifetime Rate Increase:
%
*
Present Rate Changes After:
Months
*
Rate Can Change Every:
Months
Show Amortization Table?
No
Monthly
Yearly
*
= Required
Calculate
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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.
Full Application
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Short Application
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Spanish Application
|
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Printable Forms
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|
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Check Loan Status
|
Social Media
|
Mortgage Glossary
|
How to Get a Loan
|
Types of Loans
|
Home Purchase Basics
|
Find a Location Near You
|
About Us
|
State Licenses
|
Careers
Medallion Mortgage Company
28632 Roadside Drive, Suite 265
,
Agoura Hills
,
CA
91301
Toll Free: (888) 869-7683
Office: (818) 338-6852
administration@medallionmtg.com
Copyright © 2023 Medallion Mortgage Company is Licensed by the Department of Corporations under the California Residential Mortgage Lending Act. Corporate Identifier #311724.
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