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?

$
 
   
   
RHF Financial Group, LLC
235 MAIN STREET • WHITE PLAINS, NY • 10601
Phone: 914-422-3344 • Fax: 914-422-5746
• INFO@RHFFINANCIAL.COM

*Richard Rudinger is a registered representative registered to transact business with clients in CA, CT, DC, DE, FL, IL, MA, NC, NJ, NM, NY, PA, VA, VT. Richard Rudinger is advisory licensed in NY. Richard Rudinger is also an insurance agent licensed in CT, FL, NJ, NM, NY.  *Edward Heller is a registered representative registered to transact business with clients in CA, CT, DC, IL, MA, NC, NJ, NY, VA, VT. Edward Heller is advisory licensed in NY. Edward Heller is also an insurance agent licensed in NY. *Carmine Filippone is a registered representative registered to transact business with clients in NJ, NY. Carmine Filippone is advisory licensed in NY. Carmine Filippone is also an insurance agent licensed in NY. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. *Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, **Advisory Services offered through H.D. Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000. Investments & Insurance Products are not insured by the FDIC or any federal government agency and are not deposits of or guaranteed by the bank or any bank affiliate.  May lose value.

RHF Financial Group, LLC is not a registered broker/dealer or independent investment advisory firm.