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?

$
 
   
   
Friedrich Insurance Agency
152 Portsmouth Avenue
Stratham, NH 03885
Phone:


NH: 603-742-7011
ME: 207-698-1135
Toll Free: 1-888-742-7011

 • Fax: 603-583-4669
www.FirstChoiceQuotes.com • efriedrich@metlife.com

MetLife Auto & Home is a brand of Metropolitan Property and Casualty Insurance Company and its affiliates:
Metropolitan Casualty Insurance Company, Metropolitan Direct Property and Casualty Insurance Company
(CA Certificate of Authority: 6730; Warwick, RI),
Metropolitan General Insurance Company, Metropolitan Group Property and Casualty Insurance Company
(CA COA: 6393; Warwick, RI),
and Metropolitan Lloyds Insurance Company of Texas,
all with administrative home offices in Warwick, RI.
Coverage, rates, and discounts are available in most states to those who qualify.
Copyright © 2010 MetLife Auto & Home. All Rights Reserved.
PEANUTS © United Feature Syndicate, Inc. © UFS
Privacy Policy
Legal Notices