Renewal Compare
Mike Fox, Mortgage Agent, Level 2 at BRX Mortgage.
Current Situation
We project your balance forward to maturity. Current Payment and Current Term are for reference and do not change the projection.
$
%
$
Remaining Term
1 Year 6 Months (18 months)
End of term Amortization
23 Years 6 Months
Balance at Maturity
$480,654.50
$
Mortgage Amount$480,654.50
%
Mortgage Payment$3,158.60
Pre-Payments
$
$
$
$
Mortgage Amount$480,654.50
%
Mortgage Payment$3,158.60
Pre-Payments
$
$
$
$
Mortgage Amount$480,654.50
%
Mortgage Payment$3,158.60
Pre-Payments
$
$
$
Principal & Interest Comparison
★Option 1
Term Interest
$142,408.33
baseline
Term Principal
$47,107.49
baseline
Total Term Payments
$189,515.82
baseline
Balance at End of Term
$433,547.01
baseline
Effective Amortization
25 Years
baseline
☆Option 2
Term Interest
$142,408.33
same as baseline
Term Principal
$47,107.49
same as baseline
Total Term Payments
$189,515.82
same as baseline
Balance at End of Term
$433,547.01
same as baseline
Effective Amortization
25 Years
same as baseline
☆Option 3
Term Interest
$142,408.33
same as baseline
Term Principal
$47,107.49
same as baseline
Total Term Payments
$189,515.82
same as baseline
Balance at End of Term
$433,547.01
same as baseline
Effective Amortization
25 Years
same as baseline
Interest Comparison
Disclaimer: This calculator is for illustrative purposes only and should not be relied upon for financial planning. Rates and renewal terms change. Confirm your renewal options with your lender before you sign.