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Prepayment Savings Calculator

Prepayment Savings Calculator

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.

Loan Type

Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

Results

Loan Term Reduction

0 years

Interest Savings

$0.00
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Federally insured by NCUA and Equal Housing Lender. Rates and terms subject to change prior to consummation of the loan. Available to members in VA, NC, SC, OH, TN, FL and GA. Loans subject to credit approval. (1) ARM = Adjustable Rate Mortgage. As with any ARM loan, interest rate and payment may increase after the initial rate period of 7 years. 5% maximum interest rate increase for life of loan. 

Truliant NMLS #411251

 

Copyright © 2023 Truliant Federal Credit Union. All rights reserved. Truliant is a registered trademark of Truliant Federal Credit Union.

3200 Truliant Way

Winston-Salem, NC 27103

800-822-0382

 

CONTACT US     |     CALCULATORS      |      ABOUT US     |      RATES  |      CONTACT CENTER LOGIN

Federally insured by NCUA and Equal Housing Lender. Rates and terms subject to change prior to consummation of the loan. Available to members in VA, NC, SC, OH, TN, FL and GA. Loans subject to credit approval. (1) ARM = Adjustable Rate Mortgage. As with any ARM loan, interest rate and payment may increase after the initial rate period of 7 years. 5% maximum interest rate increase for life of loan. 

Truliant NMLS #411251

 

Copyright © 2023 Truliant Federal Credit Union. All rights reserved. Truliant is a registered trademark of Truliant Federal Credit Union.