Use this calculator to estimate your payments, compare loan borrowing costs and plan for upgrading your property in the future. It also allows you to see how prepaying your mortgage reduces the length of your mortgage. You can accelerate your loan payback by applying the savings on your energy bills to your loan to save thousands of dollars in interest and pay off your loan earlier.



This calculator compares traditional loan payment models and the GEM methods to reflect the difference in applying energy savings and bi-weekly payments on your loan. We recommend that at least half of your monthly savings should be used to pay your loan. Example: $200 energy savings @ 50% = $100 in energy savings that would be used to reduce your principal balance (Interest rates are subject to change and APR is calculated at maximum allowable loan costs).

For educational and informational purposes only. This is not a commitment to make a loan or offer an extension of credit. Interest rates are subject to change without notice; rates used in these calculations in no way represents lender and underwriting approval. Green Energy Money, Inc., is not a licensed mortgage entity and does not represent market conditions or consumer eligibility. Copyright 2022 Green Energy Money