Prepayment penalty estimator

Lenders calculate penalties from their own contract. This page only illustrates two common ideas: three months of interest, and a simplified interest-rate differential using a comparison rate you type in. The lender's figure governs.

Any rate or payment mentioned is illustrative and on approved credit (OAC). It is not a quote, a commitment, or a current offer. Ask the lender for the real penalty before you break a term.