AUSTIN RATE & HOLDING-PERIOD DESK
Compare three months of interest with a transparent simple IRD estimate.
41 tools. One connected workspace.
Mortgage exit
Compare a three-month simple-interest charge with an explicitly approximate interest rate differential.
YOUR DECISION, IN NUMBERS
METHOD 2026-10-24.3CAD inputs and outputs. Lender posted/discounted rates, compounding, present-value and privilege rules differ; this simple IRD is not a payout quote. Obtain both IRD rates from the lender. No automatic statutory exception is determined. Administration and new-loan costs are separate; accrued interest is excluded.
Explore financing options for this plan ↗Carry inputs to another tool ↓YOUR GOAL FIRST / MITEY
Buying, refinancing or financing a business? Tell us what you want to achieve. Ask MITEY to help you understand the options, costs and next steps worth comparing.
We aim to help you seek competitive terms. Rates and options depend on the provider, product and your circumstances. A request is not a loan application, approval or guaranteed rate. Any provider introduction requires confirmed availability and your permission.
ONE PLAN / YOUR NEXT QUESTION
Review what carries across, then continue in another tool. The remaining values are examples to check.
Runs on this device. No enquiry is sent and no plan is automatically saved.
Modeled prepayment charge
One assumption changes; everything else stays the same. This is a stress scenario, not a forecast.
No. Lenders use different rate and discount methods. This simple model makes the assumptions visible so you can ask better questions about an actual payout quote.
Ask about your next step ↗THE LONG VIEW
YOUR COMPARISON TABLE
Save up to eight scenarios on this device. Each retains its own tool and assumptions; outputs from different methods are labeled separately. Download a plan before moving to another browser or independent portal.
No scenarios saved on this device yet.
OPEN METHODS / BETTER QUESTIONS
Three-month interest = chargeable principal × contract annual rate ÷ 4. Simple IRD = chargeable principal × positive difference between entered IRD rates × remaining months ÷ 12. The selected closed-fixed scenario takes the greater; open or zero remaining term takes zero.
CAD inputs and outputs. Lender posted/discounted rates, compounding, present-value and privilege rules differ; this simple IRD is not a payout quote. Obtain both IRD rates from the lender. No automatic statutory exception is determined. Administration and new-loan costs are separate; accrued interest is excluded.
Use actual property documents, matching lender estimates and qualified advice where needed. No calculator, API or MCP tool here issues an approval or guarantees a rate.
YOUR PLAN / READY TO KEEP
Only this scenario is included. Choose Save as PDF in your browser's print destination.
Enable the interactive workspace and review a valid calculation before printing. No live report has been prepared yet.