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?

$
 
   
   
Frannie Gardner, www.franniegardner.com
14785 Preston Road, Suite 175 • Dallas, TX • 75254
Phone: 972.980.9600 • Fax: 972.980.8515
• fgardner@armorwealth.com

The overall evaluation score of a wealth manager reflects an average of all respondents and may not be representative of any one client's evaluation.  The award is not indicative of the wealth manager's future performance.  For more information on the FIVE STAR Award and the research/selection methodology, click here .  D Magazine compiled their list of the top financial planners by asking every CFP in the Dallas-Fort Worth chapter of the Financial Planners Association to cast an online ballot. Outside-firm votes counted more than inside-firm votes, self-nominations were tossed out, and a panel of esteemed local financial planners reviewed the final list.  This award is not based on client evaluation, and is not indicative of future performance or success. 

Frannie is licensed to discuss and offer certain financial services and securities and insurance in her resident state of Texas, as well as FL, CA, OH, LA, IL, VA, CO, CT, NY, AZ, and WA. For additional licensing information, please contact Ayres Financial Group at 972-980-9600.  This is not an offer or solicitation in any state where not properly licensed and/or registered.
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Registered Representative of, and Securities and Investment Advisory Services Offered through Hornor, Townsend & Kent, Inc. (HTK), Registered Investment Advisor, Member FINRA/SIPC.  ARMOR Wealth Management, Ackley Financial Group, and Ayres Financial Group are independent of HTK.  HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company.  HTK does not offer tax or legal advice.

Branch Office: ARMOR Wealth Management, 16479 Dallas Parkway, Suite 850, Addison, TX  75001 (469) 737-4000

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