Prepayment vs. Investment Calculator

This calculator allows you to compare the results of prepayment of
your mortgage each month with a little extra cash, or investing it
instead. The result takes into account your tax situation, assumes
you always itemize, give to charities, and pay state and local taxes.

    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


This calculator is for illustrative purposes only. We do not guarantee
that calculations are accurate. Always consult your accountant or
a professional advisor before making personal financial decisions.