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Mortgages home
Let's figure out how much your mortgage payments will be and how you can pay off your mortgage faster.We pre-filled some amounts for you.When you change any amounts use numbers only, and the results change in real time.
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Pay your mortgage faster
Pay off some of your mortgage principal before the term ends with a prepayment. You'll save on interest and shorten your amortization period. Enter the additional amount you want to pay each year. Your prepayment total, including any lump-sum payments, can be up to 20% of the original mortgage amount.
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$ 0
Have extra money on hand from a work bonus, inheritance, etc.? Use it as a one-time mortgage prepayment. You'll save on interest and shorten your amortization period. Enter the additional amount you want to pay. Your prepayment total, including any annual prepayments, can be up to 20% of the original mortgage amount.
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$ 0
Increase your regular mortgage payments to pay less interest and shorten your amortization period. Enter the amount you want to add to each mortgage payment. You can increase your payment amount by up to 25% each year.
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$ 0
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Check out your mortgage payment plan
Protect your investment
Mortgage Life insurance premium not included in your mortgage payment results.
Your payment results§section symbol
mortgage payment
$
This is based on a mortgage amount of paid over years, with a at .
The mortgage payment amount doesn’t include creditor and default insurance, if applicable.
Down payment (14.09 of home price)
$
Default insurance
If you put down less than 20% of the home price, you’ll need mortgage default insurance. It protects your lender if you can’t repay your mortgage loan.
$
Amounts paid by the end of this term
Principal
$
+ Interest
$0
Total
$0
Mortgage balance
$0
Mortgage Life Insurance (monthly)
$0.00
Ready to get started?
Apply now for a mortgage. Opens in dialog.
Call 1-888-886-0866 Opens your phone app.
You saved . Way to go! Your extra payments reduced your mortgage to years.
Save in interest
Switch to an accelerated biweekly payment of . You'll reduce your mortgage to years.
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This line graph shows how your mortgage debt decreases over your amortization period. It also shows how much faster you'll pay off your mortgage by increasing your mortgage payment or payment frequency.
Amortization | Total principal and interest | Interest | Principal | Balance |
---|
Amortization |
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Your payment results§section symbol
mortgage payment
$
This is based on a mortgage amount of paid over years, with a at .
The mortgage payment amount doesn’t include creditor and default insurance, if applicable.
Down payment (14.09 of home price)
$
Default insurance
If you put down less than 20% of the home price, you’ll need mortgage default insurance. It protects your lender if you can’t repay your mortgage loan.
$
Amounts paid by the end of this term
Principal
$
+ Interest
$0
Total
$0
Mortgage balance
$0
Mortgage Life Insurance (monthly)
$0.00
Ready to get started?
Apply now for a mortgage. Opens in dialog.
Call 1-888-886-0866 Opens your phone app.
§The Mortgage Payment Calculator results are estimates based on what you enter and any pre-filled amounts. For illustration purposes only.ⓘ
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Get our best rates and earn up to $4,500 cash backⓘwhen you buy a new home or move your mortgage.
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Featured mortgage rates
Term | Special rateⓘ | High-ratio rateⓘ |
---|---|---|
5-year fixed | 5.49% (APR 5.49%) | 5.49% |
5-year variable | 6.70% (APR 6.70%) | 6.70% |
Applies to new mortgages of owner-occupied properties with an amortization of 25 years or less.
Annual Percentage Rate (APR) is the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.
Mortgage rates
Mortgage prepayment options
Get dedicated support when you need it
No need to make an appointment or rearrange your schedule to get your questions answered.Our mortgage specialists will get back to you within one business day.
Apply now for a mortgage. Opens in a dialog.
Check out our mortgage rates
Fixed-rate mortgages
Term | Special rateⓘ | APR |
---|---|---|
5 year | 5.49% | 5.49% |
Applies to new mortgages of owner-occupied properties with an amortization of 25 years or less.
Variable-rate mortgages
Term | Special rateⓘ | APR |
---|---|---|
5 year | 6.70% | 6.70% |
Applies to new mortgages of owner-occupied properties with an amortization of 25 years or less.
Annual Percentage Rate (APR) is the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.
Mortgage rates
Mortgage prepayment options
Get dedicated support when you need it
No need to make an appointment or rearrange your schedule to get your questions answered.Our mortgage specialists will get back to you within one business day.
Contact us Opens a new window in your browser.