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?

$
 
   
   
Palette Financial Group
909 Garnet Cove • Oak Point, TX • 75068
Phone: 214-912-6261 • Fax: 972-292-1927
www.palettefinancial.com • dpainter@aicinvest.com

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your registered representative . Read it carefully before you invest or send money. Securities products are limited to residents of Colorado, Georgia and Texas. A representative from Palette Financial Group will contact you to provide requested information. Securities and advisory services offered through Ameritas Investment Corp.(AIC). Member FINRA/SIPC. 5900  O St. Lincoln, NE. 68510 (402)467.6900. AIC and Palette Financial Group are not affiliated. Representatives of AIC do not provide tax or legal advice. Please consult your advisor or attorney regarding your situation.