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?

$
 
   
   
NationalPlanning.com
28 Corporate Drive, Suite 100
Clifton Park, NY 12065
Telephone: (518) 688-2223
Fax: (518) 688-2698
Email: rfrontera@npafinancial.com

NPA Financial LLC.
Binghamton, NY 13905
Telephone: (607) 722-4293
Fax: (607) 722-1184

Henderson, NV 89015
Telephone: (607) 206-4055
Fax: (607) 722-1184





The Brock Agency
Utica, NY 13502
Telephone: (315) 732-6191
Fax: (315) 798-4478

Securities and investment advisory services are offered solely through Registered Representatives and Investment Advisor Representatives of Equity Services, Inc., Member FINRA/SIPC, 28 Corporate Drive, Suite 100, Clifton Park, NY 12065, 518-688-2223. Equity Services, Inc. is a Broker/Dealer and Registered Investment Adviser Affiliate of National Life Insurance Company, Montpelier, Vermont. NPA Financial, LLC. and all other entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.


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