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?

$
 
   
   
America's Retirement Planning Partners LLC
Freehold Executive Center
4400 Route 9 South
Suite 1000
 • Freehold, NJ • 07728
Phone: 732-363-7228 • Fax:     732-363-7229
Email: Zia@MyArpp.com
www.myarpp.com

America's Retirement Planning Partners LLC is a Registered Investment Advisor with the State of NJ department of Securities. This website is for information only and is not an offer to sell or invest in securities.  Please refer to all appropriate prospectuses prior to any investment.  Investments can, and do, lose money.
 

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