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?

$
 
   
   
A. RANDALL Financial
8832 SW 209 Terrace Cutler Bay, FL 33189
Phone: 305 964-6109 or 757 535-8623
aroyston@arandallfinancial.com

 



 

DISCLOSURE STATEMENT


A. RANDALL Financial is an Independent Financial Advisor and a Registered Representative.




Capital City Securities is an introducing broker and a member of FINRA, MRB, and SIPC.  Capital City Asset Management Group, LLC (CCAMG) is a registered investment advisor under the Investment Advisors Act of 1940 and provides investment management for its clients' accounts.  Capital City Asset Management Group, LLC, Capital City Consulting Group, LLC (an investment banking organization); Capital City Insurance Group, LLC (an Insurance Agency); Capital City Securities, LLC (a securities Broker/Dealer); and Cap City Management, LLC (a fund management company) are wholly owned subsidiaries of Capital City Partners, Inc.


RBC Correspondent Services and/or RBC Advisor Services, divisions of RBC Capital Markets Corporation, member NYSE/FINRA/SIPC, provide custody services for accounts managed by your Investment Professional. The referenced product or service is available through that relationship.


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