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Payment Calculator
Length
Int. Rate
Loan Amt
Ann Tax
Ann Ins
Results
Princ + Int
Tax
Insurance
Total Pmt
Calculations by this tool are believed to be accurate, yet are not guaranteed. VIEW MORE

Prepayment vs. Investment

This form allows you to compare what would happen if you took one of two choices with some extra cash you have -- prepaying your mortgage each month, or investing it instead. This tries to take into account your tax situation and assumes you always itemize (even late into your mortgage when your interest will be lower).
Change these fields as desired:
How much more you have to spend each month
Current monthly payment (principal & interest only)
Current Annual Loan Interest Rate
Current Loan Balance
Loan Interest Deductibility
Expected Long Term Investment Return (%)
Expected Long Term Tax Rate (%) (Federal+State)
Investment Type


 

David Greenholtz

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Daniel Aronson

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California home loans by Interwest Financial Group, Inc. Partners

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