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?

$
 
   
   
Vision Financial Group | Financial Planners and Wealth Management Fort Collins Co
1336 Oakridge Drive
Fort Collins, CO 80525
Phone: (970)482-2000 or (800)275-6988 Fax: 970-484-9271
greg@visionfinancialgroup.net rod@visionfinancialgroup.net denise@visionfinancialgroup.net maureen@visionfinancialgroup.net steve@visionfinancialgroup.net

Greg D. Anderson and Rodney K. Wilson are Registered Representatives of ProEquities, Inc., a registered broker/dealer and member FINRA and SIPC. ProEquities` home office is located at 2801 Highway 280 S, Birmingham, Al 35223, (800)288-3035. Vision Financial Group is independent of ProEquities, Inc.