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?

$
 
   
   
Benefit Integrations
P.O. Box 636 Historic Sprague House; Suite 200 77180 State Highway 13 Washburn, WI 54891
Phone: (715) 373-0456
(651) 286-0102

Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc., Member FINRA, SIPC, and Registered Investment Adviser, PO Box 64284, St. Paul, MN 55164 (800) 800-2638.

Benefit Integrations and Woodbury Financial Services, Inc. are not affiliated entities.

Our services are available only in states where we are licensed to do business.  Securities and Insurance licensed in AL, AR, MN, WI and UT.