What are you looking to calculate?

Principal*

Amortization* years

Term* 5 years 2 years

Profit* %

Include Prepayments

• Prepayments* --Select-- Payback Entire Loan Repayments With Extra Payments
• Which month do you want the loan paid off?* Which month do you want the prepayment to apply from?*
• Contract Rate (This is the fixed rate that you signed up for) %
• Amount

  per Month Year One Time

Additional Expenses

• Property Tax*
• Home Insurance*
• HOA Fee
• Other Costs

CALCULATE

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Payment	Monthly	Annual
Mortgage Payment
Property Taxes
Home Insurance
HOA Fee
Other Costs
Total Out-Of-Pocket
Mortgage Payment (after month 10)

Repayment

Profit Savings:$100,000

Prepayment Privilege: $100,000

Every anniversary year, the prepayment privilege of 20% resets. This means you can make up to 20% prepayment without incurring any fee

Time Saved:2 Years 3 Months

Prepayment Penalty: $100,000

The penalty is the higher of the profit rate differential OR three months profit

Payment Breakdown

Amortization Graph

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Monthly Schedule

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Month	Starting Balance	Profit Payment	Principal Payment	Total Payment	Ending Balance

This calculation is an estimate based on the accuracy and completeness of the information you have entered and is provided to you for illustrative and general information purposes only. This calculation does
not mean you have been approved by EQRAZ. EQRAZ does not make any express or implied warranties or representation to any information or results in connection with the calculation. EQRAZ will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on the calculation. When you submit an application, the profit rate may have changed or may be different depending on EQRAZ’ review of your application in its sole, absolute, and unfettered discretion. Additional conditions may apply.