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?

$
 
   
   
 Tamara Kukainis, schwartz-financial.com 
1236 Brace Road
Suite A		 • Cherry Hill, NJ • 08034
Phone: 800-604-2473
856-216-0390		 • Fax: 856-216-0397
• contactus@schwartz-financial.com

Email should not be used to enter trades. The information in this website is for information only and is not an offer for the purchase of securities. Investment and Insurance products may only be purchased by residents of states in which the offering Representative is licensed. 
 

Securities offered through registered representatives of Walnut Street Securities, Inc.(WSS) Member FINRA/SIPC. Advisory services and Financial Planning Services offered through PFG Financial Advisors, a Registered Investment Advisor.  PFG Financial Advisors, and Schwartz Financial Associates are not afilliated with WSS.
 
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