Accrued Interest

The amount of interest you owe on your mortgage from the date of your last payment to the date of this inquiry. Accrued interest will be included and paid with your next regular payment.

Actual Months Remaining

The number of months in which your mortgage will be repaid.

Interest Rate

The rate of interest you are currently paying on your mortgage.

Insurance Payment

The portion of your mortgage payment used to pay your mortgage insurance coverage.

Maturity Date

The date your current mortgage term ends and you will have the option to renew your mortgage.

Mortgage Term

The total number of months for which your current mortgage rate is in effect.

Original Amortization

This was the number of months it would take to pay off the entire amount of your mortgage loan, when you first established it.

Outstanding Principal

The amount of the mortgage loan owed as of today's date. This does not include interest that has accrued since your last mortgage payment.

Payment Due Date

The date your next regular payment is due.

Payment Frequency

How often you regularly pay your mortgage. (e.g. weekly, bi-monthly, etc...)

By paying more frequently and with an accelerated payment, you can pay off your mortgage sooner.

Regular Payment

The portion of your scheduled mortgage payment that is used to pay the principal and interest.

Tax Payment

The portion of your mortgage payment that is used to pay your property taxes.

Total Regular Payment

Principal and/or Interest and, if applicable, property taxes and mortgage insurance.

Original Balance

Principal amount initially advanced for a Mortgage Loan (the amount you originally borrowed).