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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?  

* = Required



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.
Adam Brown, Loan Officer - NMLS #16161
FM Home Loans, LLC
455 1st Street, Brooklyn, NY  11215
Direct:  (718) 210-1163
Cell:  (607) 280-8592
Fax:  (718) 889-6780
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