HOLLIDAY, LEMONS & COX, P.C.: ABOUT US

Prepayment Calculator

Calculates loan payments made with various prepay options.
Principal Loan Balance	$
Annual Interest Rate		%
Monthly Principal Prepayment Amount	$
Annual Principal Prepayment Amount	$
Amortization Length		Years



Prepayment Calculation Results
Monthly Payments		$1,100.65
Total Interest (no pre-payment):		$246,232.87
Total Interest (as given):		$202,082.59
Savings :
$44,150.28 Total Interest Saved
4.5 Years Shorter Loan
Average Monthly Interest:		$561.34
The results of this calculation are not binding and in no way constitute an offer to extend credit. Calculator Disclaimer