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?

$
 
   
   
Ferrin Capital Advisors
1955 W Grove Parkway, Suite 200 • Pleasant Grove, UT • 84062
Phone:

801-224-9867

 • Fax: 801-756-2225
• jim@ferrincapital.com

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. We make no representation as to the completeness or accuracy of information provided at these web sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.

Securities and investment advice offered through FSC SECURITIES CORPORATION, a registered broker/dealer. Member FINRA/SIPC. A Registered Investment Advisor. Ferrin Capital Advisors is not affiliated with FSC Securities Corporation or registered as a broker dealer or investment advisor.

This communication is strictly intended for individuals residing in the states of AZ, CA, CO, ID, MT, NV, TX, UT, VA and WY. No offers may be made or accepted from any resident outside the specific states referenced.

                                       

IMPORTANT CONSUMER INFORMATION

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