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?

$
 
   
   
Tomei & Tonjes Financial Services, LLC
367 Civic Drive, Suite 15 • Pleasant Hill, CA • 94523
Phone: (925) 849-6095 Ext. 106 • Fax: (925) 849-6092
• donna@tomeiandtonjes.com

 

 

 

We currently have individuals licensed to sell securities in the states of California, Louisiana, Massachusetts, Nevada, Oklahoma, Oregon, and Washington. This is not an offer to sell securities in any other state or jurisdiction.

 

Securities offered through 1st Global Capital Corp., Member FINRA/SIPC www.finra.org / www.sipc.org

Investment Advisory Services offered through 1st Global Advisors, Inc.

Insurance Services are offered through 1st Global Insurance Services, Inc.

 (877) 959-8400

California Insurance License 0E94451