nnkrealtor
Recycles dryer sheets
- Joined
- Jun 8, 2005
- Messages
- 103
Can anyone help me figure some Mortgage prepay numbers please.... I found some calculators but none do a combination of monthly and yearly lump overpayments.
Here are the details.
Mortgage balance 245,000
30 year
Fixed % 6.625
Want to prepay 250 per month and a 15,000 lump sum at the end of every year.
Anyone know how to figure when it will be paid off and what my interest savings will be combining those 2 prepays?
Thanks
Here are the details.
Mortgage balance 245,000
30 year
Fixed % 6.625
Want to prepay 250 per month and a 15,000 lump sum at the end of every year.
Anyone know how to figure when it will be paid off and what my interest savings will be combining those 2 prepays?
Thanks