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Prepayment Savings
Making additional mortgage payments reduces your interest costs by shortening the time it takes to pay off your mortgage and lowering your balance along the way.

* Additional Payment Amount: $
Make First Additional Payment:  
* Present Loan Balance: $
* Interest Rate:    %
* Remaining Loan Term:    Years  Months
  Loan Type:  
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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
Copyright © 2017 Draper and Kramer Mortgage Corp. (IL:MB.0004263 NMLS:2551) an Illinois Residential Mortgage Licensee located at 1431 Opus Place, Suite 200, Downers Grove, IL 60515. Telephone 630-376-2100. Regulated by IDFPR located at 100 West Randolph, 9th Floor, Chicago, IL 60601. Telephone 312-814-4500.

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