Mortgage Prepayment Calculator 2025
Prepayment Guide 2025
Calculator Features
Accurately calculates two prepayment methods:
1. Full Settlement: Pay off all remaining principal
2. Partial Prepayment: Choose term shortening or payment reduction
Note: Results exclude penalties. Consult your bank for details.
1. Full Settlement: Pay off all remaining principal
2. Partial Prepayment: Choose term shortening or payment reduction
Note: Results exclude penalties. Consult your bank for details.
Repayment Strategies
Equal Principal vs Equal Installment:
1. Equal Principal: Lower initial interest, less savings
2. Equal Installment: Higher initial interest, more savings
Data: Prepayment after 5 years saves 15-25% more with equal installment
1. Equal Principal: Lower initial interest, less savings
2. Equal Installment: Higher initial interest, more savings
Data: Prepayment after 5 years saves 15-25% more with equal installment
Bank Policies
2025 Key Policies:
1. Penalties: Waived after 1 year at most banks
2. Minimum Amount: Typically ¥10,000
3. Frequency Limit: 1-2 times/year
4. Processing Time: 3-15 business days
Tip: Always consult your loan officer
1. Penalties: Waived after 1 year at most banks
2. Minimum Amount: Typically ¥10,000
3. Frequency Limit: 1-2 times/year
4. Processing Time: 3-15 business days
Tip: Always consult your loan officer
Optimal Strategies
When to prepay:
1. High Rates: Loan rate > 5.5%
2. Low Investment Returns: Spare cash earns < 3%
3. Early Stage: First 5 years have highest interest
Example: Prepay ¥200K on ¥1M loan saves ¥180-350K interest
1. High Rates: Loan rate > 5.5%
2. Low Investment Returns: Spare cash earns < 3%
3. Early Stage: First 5 years have highest interest
Example: Prepay ¥200K on ¥1M loan saves ¥180-350K interest
