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?

$
 
   
   
Lifetime Wealth Management, LLC
6663 Western Row Road
Western Row Plaza		 • Mason, OH • 45040
Phone: 513-573-9600 • Fax: 513-573-9630
• info@jdstewartcpa.com

IMPORTANT NOTE:

*Jeffrey D. Stewart, CPA/PFS, CFPR is a registered representative, registered to transact business with clients in CA, CO, CT, IL, IN, KY, NC, OH, & TX.  Jeffrey D. Stewart, CPA/PFS, CFPR is also an investment adviser representative licensed in CA, CT, KY, OH, & TX.  Jeffrey D. Stewart, CPA/PFS, CFPR is insurance licensed in the following states OH & KY.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet.

*Molly E. Myers, CLU is a registered representative, registered to transact business with clients in OH.  Molly E. Myers is insurance licensed in OH.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet.

Securities offered through H.D. Vest Investment ServicesSM, Member SIPC, Advisory Services offered through H.D. Vest Advisory ServicesSM, .

Investments & Insurance Products:

• Are not insured by the FDIC or any federal government agency.

• Are not deposits of or guaranteed by the bank or any bank affiliate.

• May lose Value.

Lifetime Wealth Management, LLC is not a registered broker/dealer or independent investment advisory firm.