Mortgage Prepayment Penalty Calculator


By using the calculator, the Bank assumes the following: (i) the interest rate remains constant throughout the amortization period; and (ii) the payment schedule selected is maintained with no additional payments or skipped payments.

The Bank does not make any guarantees (implied or express) or representations regarding any information or results from the use of this calculator. The Bank is not liable for any decision you make based on the results of the calculator; the Bank strongly advises not to rely solely on this information or result when making any financial decision(s). The calculation is based on the accuracy of the data you have entered. Refer to your mortgage documents to find the information you need for this calculator. The calculation is an approximation and for illustrative purposes only and is not intended to substitute financial advice. For financial advice please speak to a financial professional. The calculation(s) presented may differ than the actual calculation(s) on our system. Please call customer service for more information at 1-866-884-9407 .