Note: Most closed mortgage products allow a once-per-year lump sum payment of up to 20% of the remaining principal amount or balance.Įxample: if your balance at the end of the year is $100,000, the maximum lump sum payment for that year would be $20,000. ![]() If you would like to make a lump sum payment, please select the amount next to the respective year. The following is a yearly summary of your mortgage payments. Monthly Payments Compared To Other Payment Schedules Schedule stand-alone 1 environments El Two-pass variiioailon El Batch balancing and di di di s D Operator statistics re ill 0 Embedded-numeric keypad emulation D. To try experimenting with lump sum payments, select an amount in the yearly payment summary (above, under Yearly Mortgage Breakdown & Lump Sum Payments).
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