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Tools & Calculators

Mortgage Review

Prepayment Calculator

Use this calculator to explore how extra payments or lump sums could reduce the interest you pay and shorten your amortization, based on the information you enter. It does not calculate prepayment penalties. You can get an estimate without entering your contact details.

Prepayment calculator

Reading your result

What this estimate means

This result is an estimate for exploration, based on the information you enter. It is not a lender commitment.

It does not calculate prepayment penalties. How much you can prepay without a penalty, and any penalty that applies, depend on your lender and your mortgage terms.

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