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?

$
 
   
   
Harlan Miller and Associates
259 Regency Ridge Drive • Dayton, OH • 45459
Phone: 937-436-0400 • Fax: 937-436-7984
www.harlanmiller.com • hmiller@walnutstreet.com

The following links are provided strictly as a courtesy. When you link to any of these websites, you are leaving this site. Neither WSS or Harlan Miller and Associates - Regency Financial LLC make any representation as to the completeness or accuracy of information provided by these sites. WSS and Harlan Miller and Associates - Regency Financial LLC assume no liability for any direct or indirect technical or system issues or any consequences arising out of your access to, or use of, a third-party site. When you access one of these sites, you are leaving Harlan Miller and Associates - Regency Financial LLC’s website and assume total responsibility and risk for your use of the sites to which you link.

 

 

 

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Harlan V. Miller is a Registered Representative of Walnut Street Securities, Inc. (WSS) Securities offered through WSS, Member FINRA/SIPC. Harlan Miller & Associates and Regency Financial LLC are not subsidiaries or control affiliates of WSS. Securities activities are supervised from a WSS office located at 6200 Rockside Rd., Suite 100, Cleveland OH 44131 (888) 401-2980

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