The calculator not only calculates
the anticipated mortgage penalty, but also compares what you would pay (and save) with a new, current mortgage rate.
Not exact matches
In the alternative, he can make annual payments of 10 per cent of the outstanding balance without
penalty, making it easy to retire with the
mortgage paid in full well before age 72 or even at 68 when he
anticipates retiring.
Anticipated costs of selling include the
mortgage pay - off amount, any early pay - off
penalty, the real estate broker's fee, other loans against the property (perhaps for a pool or room addition), the price of inspections, taxes, and other seller's costs.