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?

$
 
   
   
Capital Financial Partners, LLC
307 International Circle, Suite 100 • Hunt Valley, MD • 21030
Phone: 410-821-2920 • Fax: 410-821-2930
www.capitalfinancialmaryland.com • cfpinfo@htk.com

*Registered Representatives of, and Securities and Investment Advisory Services offered through, Hornor, Townsend and Kent, Inc., (HTK), Registered Investment Advisor. Member FINRA/SIPC. 307 International Circle, Suite 100, Hunt Valley, MD. 21030, 410-821-2920. Capital Financial Partners, LLC is independent of Hornor, Townsend and Kent, Inc. HTK does not offer tax or legal advice. Please consult a qualified advisor regarding your individual circumstances.

Our representative are insurance and securities licensed in the state of Maryland, including additional states.  This is not an offer or solicitation in any state where not properly licensed and/or registered.

A9CD-1113-07

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