Sally Litz
Mortgage Agent
sallyl@mortgagebrokersottawa.com
www.sallylitz.com
c 613-868-6223
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Mortgage Calculators, Mortgage Payments, Interest Rates
» Prepayment Analyzer
Prepayment Analyzer
1.
Mortgage Amount
$
2.
Interest Rate
%
3.
Initial Amortization Period
Year(s)
Month(s)
4.
Initial Mortgage Payment
$
5.
Payment Frequency
Monthly
Semi-Monthly
Bi-Weekly
Weekly
Accelerated:
No
Yes
6.
Lump Sum Payment
(Annually)
$
Period:
Year(s)
7.
Mortgage Payment Increase
(Annually)
%
$
Period:
Year(s)
RESULTS
Revised Amortization period
Year(s) and
Month(s).
This also represents a savings of $
in interest.
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Our
Best Rates
Term
Bank Rate
Our Rate
6 Month
4.55%
3.75%
1 Year Closed
3.75%
2.74%
2 Year Closed
3.89%
2.64%
3 Year Closed
3.99%
2.59%
4 Year Closed
4.39%
2.79%
5 Year Closed
4.99%
3.04%
7 Year Closed
5.99%
3.40%
10 Year Closed
6.29%
3.64%
VRM Closed
3.10%
2.60%
Line of Credit
4.00%
3.50%