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Mortgage Prepayment Calculators

Prepayment vs. Investment

This calculator allows you to compare what would happen if you took one of two choices with some of your extra cash – either prepaying your mortgage each month, or investing it. This tries to take into account your tax situation and assumes you always itemize (even late into your mortgage duration when your interest will be lower).


Change these fields as desired:
How much more you have to spend each month
Current monthly payment
(principal & interest only)
Current Annual Loan Interest Rate
Current Loan Balance
Loan Interest Deductibility
Expected Long Term Investment Return (%)
Expected Long Term Tax Rate (%) (Federal+State)
Investment Type

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