Prepayment Calculator
With this online calculator you can calculate prepayment price.
Formula:
PP = CP * P / 100
PP - prepayment price
CP - contract price
P - prepayment percentage
Example:
Contract price = 100000
Prepayment percentage = 35%
Prepayment price = 100000 * 35 / 100 = 35000
Prepayment is a term used in accounting that refers to the settlement of debts or instalment loans before they are officially due.