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?

$
 
   
   
Dorval & Chorne Financial Advisors
11242 86th Avenue N • Maple Grove, MN • 55369
Phone: 612.436.3714 • Fax: 612.313.7561
• EKvenild@dorvalchorne.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

Dorval and Chorne Financial Advisors is not affiliated with Financial Network  or AdvisorNet Financial. 

Securities and investment advisory services are offered through Financial Network Investment Corporation, Member SIPC. 

Employer Advisory services offered through AdvisorNet Financial, a Registered Investment Adviser. 

Insurance products and services offered through Daniel Dorval and John Chorne, licensed insurance agents in Minnesota, Wisconsin, Colorado, and North Dakota.


The information on this website is intended for use only by residents of the states listed below. Securities related services may not be provided to individuals residing in any state not listed. 

We are registered to sell Securities in the following states:
Arizona, California, Colorado, Florida,  Minnesota, Nevada, North Dakota, Ohio, Oregon, South Dakota, Utah, Washington, Wisconsin.

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in MN,ND,WI.

We are registered to sell Securities in MN,ND,NV,OH,OR,WA,WI.

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