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?

$
 
   
   
certified financial planner CFP investment adviser wealth manager orlando, winter park florida
157 East New England Ave Suite 340
 • Winter Park, FL • 32789
Phone: 407.645.1639 • Fax: 407.644.6794

Advisory Services are offered through Michelle Ogden & Company LLC  

157 E New England Ave, Suite 340 Winter Park, FL 32789

Michelle Ogden, CRPS® , CFP® 

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Viewers of the Michelle Ogden & Company LLC Website, agree to the following: Proper investor advice depends upon a complete analysis of all facts and circumstances. The information available on and through this website is in the nature of general informational purposes and investor education, it is not investor advice. You cannot rely upon it as pertaining to your specific investment situation. Viewers of this website should consult their own financial advisors, legal counsel, certified public accountants and conduct their own due diligence before making any financial decisions. This website is not a solicitation or offer to buy or sell any product or service, any security, any group of securities or any investment advisory services with regard to securities.  Michelle Ogden & Company LLC believes the sources to be reliable, however the accuracy and completeness of the information is not a guarantee. Viewers also understand that past performance is not a guarantee of future results and no investment strategy can guarantee profits or eliminate the risk of investment losses.

Legal Disclaimer

Privacy Policy