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?

$
 
   
   
Cornhusker Bank
5701 South 34th St.
Suite 101		 • Lincoln, NE • 68516
Phone: 402-434-2279 • Fax: 402-434-5594
• jack.becwar@securitiesamerica.com

Securities offered through Securities America, Inc., Member FINRA/SIPC  www.finra.org www.sipc.org

Advisory services offered through Securities America Advisors, Inc., a SEC Registered Investment Advisory Firm, Jack Becwar, Representative.  The Securities America companies and Cornhusker Bank are separate entities.

Securities licensed in: CA; CO; IA; KS; MO; NE; NV

Insurance licensed in: NE; KS

Advisory licensed in: NE

 

Not FDIC Insured      No Bank Guarantee     May Lose Value