MBR Financial, Inc.
2000 West Loop South
Ste. 1510
Houston, TX 77027
832-667-8787
281-974-2108
contactus@mbrfinancial.com
 
 




Loan / Mortgage Payment Adjustment Calculator
Loan / Mortgage Payment Adjustment Calculator

Making payments in addition to your regular payments can help you pay off your loan early and reduce the total interest paid.


Current Loan
Current Balance $
Annual interest rate %
Remaining Term Years Months
Monthly Payment (calculated) $
Additional Payment
Amount $
Frequency
Paid for how long?
Set Period Years Months

If you choose to make additional payments to the end of the loan (rather than for a set period), the set period years and months are not used.



This calculator assumes that no other amounts are borrowed with respect to the loan during the remaining term.

This calculator assumes a fixed interest rate.

This calculator does not take into account the effect of federal or state taxes, or any fees.

Payments are assumed to be made at the end of each period (month, quarter, or year, as appropriate).

This calculator should be used as a general guide only. Every situation is unique, and this calculator illustrates just one possible approach to minimizing overall interest paid on your debts.



IMPORTANT DISCLOSURES Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018.