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?

$
 
   
   
Horizon Financial
Pathway Financial Resources
2220 University Boulevard
Tuscaloosa, AL 35401
(205) 752-1533

Tucker Financial Group
254 Winton M Blount Loop
Montgomery, AL 36117
(334) 277-0500

Horizon Financial-Daphne
#1 Timber Way Ste 100
Daphne, AL 36526
(251) 625-2220

Horizon Financial-Anniston
P.O. Box 307
Anniston, AL 36202
(256) 236-2711

Horizon Financial-Birmingham
1976 Gadsden Highway Ste 244
Birmingham, AL 35235
(866) 319-6500

*Securities and investment advisory services offered through SagePoint Financial, Inc., A Registered Broker Dealer, Member FINRA/SIPC and a registered investment advisor. Horizon Financial, Pathway Financial Resources and Tucker Financial Group are not affiliated with SagePoint Financial Inc., or registered as a broker-dealer or investment advisor.

This communication is strictly intended for individuals residing in the states of AL, GA. 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.

Privacy Policy