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?

$
 
   
   
Pathfinder Financial Group, Paul Games, Pathfinder financial, Pathfinder Newburyport MA, employee benefits, risk management, tax planning, retirment planning, financial, wealth management, Financial advisor, special needs planning, education planning, Karen Goddard, Karen Goddard at Pathfinder
5 Water Street, Suite 5B • Newburyport, MA • 01950
Phone: (978) 518-3136 • Fax: 978-418-9169

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• paulgames@pathfinderfinancial.com karengoddard@pathfinderfinancial.com

 Securities offered through Securities America Inc., Member FINRA/SIPC. Paul Games and Karen Goddard, Registered Representatives. Advisory and financial planning services offered through Securities America Advisors. Paul Games, Investment Advisor Representative. Pathfinder Financial Group and the Securities America companies are not affiliated. This is not an offer or solicitation for brokerage services or other products or services in any jurisdiction where we are not authorized to do business. Representatives are licensed to conduct securities business in the following states: MA, NH, ME, NY, RI, VA, FL  and insurance business in MA, NH, ME, NY, RI, VA & FL. Securities America and its representatives do not provide tax or legal advice; therefore it is important to coordinate with your tax or legal advisor regarding your specific situation 

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