Saturday, September 4, 2010

Prepay vs. Invest Calculator

Compares mortgage prepayment with investment over the life of a loan.

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



 

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