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 Resource Management
3001 B 32nd Ave S #3 • Grand Forks , ND • 58201
Phone: 701.746.6729 • Fax: 701.746.5224

Securities offered through Securities America, Inc.  Member FINRA/SIPC.  Advisory services offered through Securities America Advisors.  Capital Resource Management, LLC is not affiliated with the Securities America companies. 

This website is not an offer to buy or a solicitation to sell securities.  Representative is licensed to offer securities in the following states: AZ, FL, IN, MI, MO, MT, NE, NC, ND, OK, SD, TX, UT, WI.  Representative is licensed to offer insurance in the following states:  AZ, Fl, MN, MO, MT, NE, NC, ND, OK.

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