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?

$
 
   
   
ONE Source Financial Group, Inc.
270 Benton Drive East Longmeadow, MA 01028
Phone: 413-759-0000 Fax: 413-525-2494
info@osfgroup.com

Robert Berriman and Dan Jamroz are Registered Representatives and Investment Advisor Representatives of and offer securities and advisory services through WRP Investments, Inc., member FINRA & SIPC. ONE Source Financial is not affiliated with WRP Investments, Inc. Securities activities and advisory services are supervised from WRP Investments, Inc. office at 4407 Belmont Avenue, Youngstown, OH 44505. 800-589-2023. Securities activities are available to residents of the following states only: CA, CT, FL, MA, NJ, NY, OH, SC, VT and WA, for Robert Berriman, and to residents of the following states only:  MA, CT, NJ, NY, and VT for Daniel Jamroz.  

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