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    sugarman

    How Do I Recalculate The New Payoff Date And Interest After Making A Lump Sum Payment To My Mortgage During It's Term?

    I took out a private mortgage to the seller in 1996. In 2006 I prepaid a lump sum on the principle. I need to calculate what the principle/interest amounts are and when it will be paid off.

    asked 9 months ago

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    tamarind

    Contact a mortgage broker. They will be able to figure it for you for a small fee or maybe no charge at all.

    answered 9 months ago   

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