Financial Tools:

Mortgage Pre-Payment Analyzer

The following personal loan and mortgage calculator can help you make the right borrowing decision and assist you in achieving your unique financial goals.

Use the Mortgage Pre-Payment Analyzer to compute your mortgage payments and to determine the impact annual pre-payments will have on the length and interest cost of your mortgage.

To calculate the amount of your mortgage payment and the impact of making annual prepayments, please enter a value in each of the following boxes, and hit the [Compute] button to view the results: 1. Mortgage Amount: $ 2. Interest Rate: [View Current Rates] % (e.g. 6.25) 3. Starting Amortization Period: Year(s) 4. Payment Frequency: Monthly Semi-Monthly Bi-Weekly Weekly 5. Mortgage Term: 6 Months 1 Year 2 Years 3 Years 5 Years 7 Years 10 Years 6. Annual Prepayment Amounts - (Anniversary): $ or % of Balance (e.g. 7.00) Mortgage Payment: $ Actual Amortization Period: Years: Months: Interest Saving over Mortgage Life: (Relative to Regular Monthly Payments) $

Mortgage Balance Remaining After: 1 Year 2 Year 3 Year 5 Year 10 Year   Information is provided for sample purposes only. ATB does not guarantee its accuracy. Information should be verified and should not be relied upon as legal, financial, or other advice.

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