Tannin Capital, LLC
Clay H Young, CFA
1026 Jay Street
Suite B153
Charlotte, NC 28208
844-682-6646
704-552-1082
clayyoung@tannin.com
tannin.com
 
 




Loan / Mortgage Payment Adjustment Calculator
Loan / Mortgage Payment Adjustment Calculator

Making payments in addition to your regular payments can help you pay off your loan early and reduce the total interest paid.


Current Loan
Current Balance $
Annual interest rate %
Remaining Term Years Months
Monthly Payment (calculated) $
Additional Payment
Amount $
Frequency
Paid for how long?
Set Period Years Months

If you choose to make additional payments to the end of the loan (rather than for a set period), the set period years and months are not used.



This calculator assumes that no other amounts are borrowed with respect to the loan during the remaining term.

This calculator assumes a fixed interest rate.

This calculator does not take into account the effect of federal or state taxes, or any fees.

Payments are assumed to be made at the end of each period (month, quarter, or year, as appropriate).

This calculator should be used as a general guide only. Every situation is unique, and this calculator illustrates just one possible approach to minimizing overall interest paid on your debts.



This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.  Investing involves risk and you may incur a profit or a loss.  Tannin Capital, LLC does not provide legal or tax advice.  For legal or tax advice, please seek the services of a qualified professional.  This communication and the information it contains should not be interpreted as an offer by Tannin Capital, LLC to provide investment advisory services.  Please visit tannin.com for important disclosures.  Preserve Strengthen Grow® Tannin™

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2022.