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What are you looking to calculate?

A.Minimum Income Needed for
Desired mortgage amount B.Maximum Financing and
Property Value Eligibility C.Monthly Payment Schedule
with Prepayments
rate: 9.75%
Payment Monthly Annual
Mortgage Payment
Property Taxes
Home Insurance
HOA Fee
Other Costs
Total Out-Of-Pocket
Repayment
Profit Savings:$100,000
Prepayment Privilege:

Every anniversary year, the prepayment privilege of 20% resets. This means you can make up to 20% prepayment without incurring any fee
$100,000
Time Saved:2 Years 3 Months
Prepayment Penalty:
$100,000
a) 3 months profit:

3 Months of profit is calculated based on taking the outstanding principal balance and multiplying it by the current mortgage rate, multiplying it by 0.25 (3/12) to account for three months
b) Profit-rate differential:

Payment Breakdown

Amortization Graph

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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.

Que cherches-tu à calculer ?

A.Revenu minimum requis pour
Montant hypothécaire souhaité B.Financement maximal et
Admissibilité à la valeur de la propriété C.Calendrier de paiement mensuel
avec paiements anticipés

rate: 9.75%

Payment Monthly Annual
Mortgage Payment
Property Taxes
Home Insurance
HOA Fee
Other Costs
Total Out-Of-Pocket
Repayment
Profit Savings:$100,000
Prepayment Privilege:
$100,000
Time Saved:2 Years 3 Months
Prepayment Penalty:
$100,000
a) 3 months profit:
b) Profit-rate differential:

Payment Breakdown

Amortization Graph

Scroll to top

skip to month
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.

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