Extra Payment Mortgage Calculator: Interest-Only Loan
This mortgage calculator is set up to compute the savings you will realize by making extra mortgage payments (i.e., prepayments) on a fixed-rate, interest-only .
Mar 18, 2008 . Get a good on-line calculator (or download a more universal one from . If you have a Fixed Rate Mortgage, the amount of your monthly payment is . Extra payments towards the principal make such a loan amortize sooner .