Pragmatic Mortgage | We're the mortgage company that doesn't want you to have a mortgage.

Outstanding balance

Principal remaining on the mortgage today.

Months remaining in term

Compounding basis

Contract rate (%)

Borrower’s actual mortgage rate at origination.

Posted rate at origination (%)

Lender posted rate for the original term.

Custom discount (%)

Optional. Leave blank to derive discount from posted vs contract.

Current posted rate (%)

Posted rate for a comparable fixed term today.

Current discounted rate (%)

Discounted or promotional rate for the remaining term.

Prepayment penalty estimator