Mortgage Prepayment Calculator
Making prepayments is a great way to pay less interest over the lifetime of your mortgage. If the term is closed to prepayment, then there may be a charge if you've prepaid more than 20% of the original principal in any one year. Use this calculator to find out what your estimated prepayment charge will be today. Subject to change.
If your mortgage was funded before May 16, 2021, click here.
The mortgage prepayment calculator is for demonstration purposes only and may not reflect the actual numbers for your mortgage.
This calculator is intended for Personal accounts only. For Business accounts (Commercial, Business and Community), please consult with your Alterna Account Manager.
Your financial well-being comes first
Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.