X

Wondering what income you'll need to buy a median-priced home? See our latest metropolitan area home affordability analysis

Wondering what income you'll need to buy a median-priced home? See our latest metropolitan area home affordability analysis

I want to prepay my mortgage

Q: Do I use HSH.com's mortgage calculator to see the effect of prepaying my mortgage?

A: While the amortization calculator is a great tool, it can only do simple prepayment schemes. If you have plans on making irregular or occasional prepayments, you'll want to download HSH.com's free Homebuyer's Calculator Suite, which allows for more complicated prepayment methods -- changing amounts, occasional or infrequent extra payments, and more.

Ask the expert
Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
Submitting your question...

Question received! Check back later to see if your
question gets published.

Q: What is the difference between "rate" and "APR"?
APR 26, 2021
A:

APR is perhaps the most misunderstood part of mortgage finance. "Rate", or more properly "contract interest rate" is the actual rate of interest you are being charged...

Read More
Q: How do I find out who owns my mortgage?
MAR 15, 2021
A:

The owner of the loan is most often the "investor" -- the entity who put up the actual funds to make your mortgage happen.

Read More
Q: When will I begin paying more principal than interest?
MAR 04, 2021
A:

A 4 percent 30-year fixed-rate mortgage will see equal parts principal and interest at about payment number 154.

Read More
Add to Homescreen?
X
X
Install this web app on your phone :tap and then Add to homescreen