Mortgage Principal Reduction Calculator

Principal Reduction Program Calculator - Full Form

Get started with our
PRINCIPAL REDUCTION CALCULATOR

Please enter your current monthly mortgage amount, first loan amount, second loan amount,
your total monthly income, total monthly debt payment and the CURRENT market value
of your home. Our principal reduction calculator will compute your new proposed
housing amount, debt to income ratio, net monthly savings, net yearly savings,
positive equity gained, and negative equity eliminated.

Your Mortgage Principal Reduction Calculation Information

Borrower:
Co-Borrower:

Email:
Phone:

Property Address:

City, St Zip

County:

1st Mortgage Amt:

1st Mortgage Lender:

TYPE:

2nd Mortgage Amt:

2nd Mortgage Lender:

CURRENT Market Value:

INCOME & DEBT ANALYSIS

Borrower Monthly Income
Occupation:
Self Employed:
Years on the Job:
Base Salary:
Bonuses:
Net Rental Income:
2nd Job Income:
Other:
TOTAL INCOME:

DEBTS

Monthly Credit Card(s) Payment

Monthly Auto Loan(s) Payment

Monthly Other(s) Payment

TOTAL DEBT MONTHLY

Co-Borrower Monthly Income
Occupation:
Self Employed:
Years on the Job:
Base Salary:
Bonuses:
Net Rental Income:
2nd Job Income:
Other:
TOTAL INCOME:

MORTGAGE PAYMENT ANALYSIS

CURRENT
1st Mortgage:
2nd Mortgage:
Monthly Property Tax:
Monthly Insurance:
Monthly HOA:
Monthly Other:
TOTAL HOUSING:

The Principal Program
30 Year FIXED Rate
Loan Amount:
FICO SCORE:
Interest Rate:
(Principle & Interest Payment)
Prime Rate:

PROPOSED
1st Mortgage:
2nd Mortgage:
Property Tax:
Insurance:
HOA:
Other:
TOTAL HOUSING:

PROGRAM ANALYSIS FINDINGS

Please complete the form above and click on the calculate button to calculate your principal reduction.

Total Income:

Proposed Housing:

Total Debt:

Debt to Income Ratio:

Net Monthly Savings:

Net Yearly Savings:

Positive Equity Gained:

Negative Equity Eliminated: