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?

$
 
   
   
SagePoint Financial, Inc.
412 S. 14th Street • Ponca City, OK • 74601
Phone: 580 762 1121
Toll Free: 800 352 3890 		• Fax: 580 718 0626
• sbivin@bivinandassociates.com

*Securities and insurance services offered through SagePoint Financial, Inc., Member FINRA/SIPC. This communication is strictly intended for individuals residing in the states of AR, AZ, CA, CO, FL, GA, HI, IL, KS, LA, MO, NE, NJ, NM, ND, OK, OR, TX, and VA. No offers may be made or accepted from any resident outside the specific state(s) referenced.

Investment advisory services offered through Bivin & Associates a registered investment advisor not affiliated with SagePoint Financial.


IMPORTANT CONSUMER INFORMATION
A broker/dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker /dealer, investment adviser, BD agent, or IA registration requirements, as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker/dealer, investment adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

 

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