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?

$
 
   
   
Capital Asset Management, Inc.
3636 North Roff Avenue Oklahoma City, OK 73112
Phone: 405-947-2913 800-375-2913
Emergencies Only: 405-593-2700
Fax: 405-948-9035
doliver@fscadvisor.com

*Securities, insurance, and advisory services offered through FSC SECURITIES CORPORATION, member FINRA/SIPC. Capital Asset Management 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 AR, AZ, CA, CO, DE, FL, GA, IA, KS, LA, MA, MD, MI, MO, MS, NC, NE, NH, NJ, NM, OK, OR, PA, RI, TN, TX, VA, and WA. No offers may be made or accepted from any resident outside the specific state(s) referenced.

IMPORTANT CONSUMER INFORMATION

A Broker/dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker/dealer, investment, adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.