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?

$
 
   
   
Alliance Financial Services

Akron Office
3020 West Market St.
Akron, OH 44333
Phone: 330-864-3043
Fax: 330-864-1909
derekk@alliance-financial.net
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N. Canton Office
4030 Massillon Road, Suite C
Uniontown Ohio 44685
Phone: 330-899-9252
Fax: 330-899-1682
Map and Directions

Derek Kriebel is licensed in OH and VA to offer insurance products,  and life insurance (including variable life), annuities (including variable annuities), and is securities registered in CA, CO, FL, IN, MS, NC, NM, OH, PA, TX, and VA and adviser registered in OH.

This site is not a solicitation of interest in any of these products in any other state.

IMPORTANT CONSUMER INFORMATION: Derek Kriebel may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if he is excluded or exempted from the state's registration requirements.  Follow-up, individualized responses to consumers in a particular state by Derek Kriebel that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's requirements, or pursuant to an applicable state exemption or exclusion.  For information concerning the licensure status or disciplinary history of a broker-dealer, investment adviser, BD agent or IA representative or any financial institution he represents, contact your state securities law administrator.

Insurance issued through many fine carriers.  Securities and advisory products offered through Princor Financial Services Corporation, 800/247-1737, member SIPC, Des Moines, IA 50392. Derek Kriebel, Princor Registered Representative, Financial Advisor.  Alliance Financial Services, Inc. is not an affiliate of Princor®.

Principal Life maintains certificates of authority to transact insurance in all 50 states.  Principal Life NAIC identification number is 61271.  Principal National NAIC identification number is 71161.

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