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 Strategies Group a Member of John Hancock Financial Network
5005 LBJ Freeway, Suite 1300 • Dallas, TX • 75244
Phone: (972) 774-0700 • Fax: (972) 774-1962
www.lifetimestrategiesgroup.com • dfw@jhnetwork.com

Lifetime Strategies Group is indepedent of John Hancock and Signator Investors, Inc.

5005 LBJ Fwy , Suite 1300 - DALLAS, TX 75244 - 972-774-0700

We are licensed to sell Insurance Products in the following states:
Arkansas, California, Florida, Georgia, Louisiana, Maine, New York, Texas.

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Offering John Hancock insurance products.
Securities and Investment Advisory Services offered through Signator Investors, Inc.,
Member FINRA, SIPC, a Registered Investment Advisor.

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