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?

$
 
   
   
Olson Financial
701 Bombay Lane • Roswell, GA • 30076-5817
Phone: 770-740-8744 • Fax: 770-740-8562
• erick@financialmaximiser.com

Erick Olson, CFP®       Larry Olson, CFP®

701 Bombay Lane, Roswell, GA 30076
Phone: 770-740-8744   Fax: 770-740-8562   Email: erick@financialmaximiser.com

Due to various state regulations and registration requirements concerning the dissemination of information regarding investment products and services, we are currently required to limit access of the following pages to individuals residing in states where we are currently registered.  Investments products and services available only to residents of Alabama (AL), California (CA), Florida (FL),   Georgia (GA),  New York (NY), Mississippi (MS), Texas (TX).
Fee based advisory services offered through Olson Associates, a Registered Investment Advisor.  Advisory services available only to residents of Georgia (GA)
Securities offered through Securities Service Network, a registered broker/dealer. Member FINRA & SIPC.