Mortgage Acceleration  
Paying just a little extra on your mortgage each month can have a dramatic effect on the time it takes you to pay off your mortgage and the amount of interest you pay over the life of the loan. Adding $100 to $200 per month to your usual payment can take years off the length of your loan and save you tens of thousands of dollars in interest. This calculator is designed to show you how much time — over the life of the loan — and money you can save by paying an additional amount in your mortgage payment each month.
     

1. What was the original face value of your loan?

$

2. What is the annual interest rate on your loan?

%

3. What was the original term of the loan (in months)?
(E.g., for a 30-year loan enter 360 months.)

4. How many monthly payments have you already made?

5. What is the additional amount you are considering adding to your monthly payment?

$
 
   
   
Financial Advisor
15022 S 40th Pl • Phoenix, AZ • 85044
Phone: 480-704-7431 • Fax: 480-383-6867
www.symphonyfinancialservicesllc.com • rick@symphonyfinancial.us

Rick Willoughby is a Registered Principal of and securities offered through Independent Financial Group, LLC, member FINRA & SIPC.  Investment Advisor Representative offering advisory services through Independent Financial Group, LLC a registered investment advisor. Real Estate offered through Independent Realty Professionals. Independent Financial Group, LLC is not affiliated with Independent Realty Professionals Inc.or Symphony Financial Services LLC. Licensed to sell securities in AZ, CA, GA, NV, OR,TN and WA.

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