Sample APS

MEET JACK & JACKIE

Age 30 with a $500K Mortgage


Mortgage Amount

500000

Years already paid

0

Term of the Mortgage

30

Mortgage Interest Rate

3.25%

Monthly Mortgage Payment

$2,176.03

SUMMARY

Monthly Mortgage Payment

$2,176.03

Monthly Mortgage Payment Times 12 months

$26,112.38

Year Plan Value Exceeds Mortgage

19

Number of Mortgage Mortgage Payments Avoided

11

Total Amount of Money Not Being Paid To A Lender

$287,236

COST ANALYSIS

Extra Dollars Paid In

$223,440

Total Amount of Money Not Being Paid To A Lender

$287,236

Extra $ Available to Retire Debt

$236,700

Cost of 20 Year Term Life Insurance

$18,905

Total Value Of All Benefits

$574,836

Percentage Paid in per Dollar of Benefit

38.87%

Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 11760 10500 489,989.38 2.14% 995
2 23520 22200 479,648.52 4.63% 1990
3 35280 34100 468,966.53 7.27% 2985
4 47040 45800 457,932.16 10.00% 3980
5 58800 57700 446,533.79 12.92% 4975
6 70560 68000 434,759.39 15.64% 5970
7 82320 78900 422,596.58 18.67% 6965
8 94080 90300 410,032.54 22.02% 7960
9 105840 102400 397,054.02 25.79% 8955
10 117600 115100 383,647.37 30.00% 9950
11 129360 128400 369,798.44 34.72% 10945
12 141120 142400 355,492.67 40.06% 11940
13 152880 157200 340,714.96 46.14% 12935
14 164640 172700 325,449.76 53.07% 13930
15 176400 189000 309,680.99 61.03% 14925
16 188160 206600 293,392.03 70.42% 15920
17 199920 225500 276,565.72 81.54% 16915
18 211680 245900 259,184.33 94.87% 17910
19 223440 267700 241,229.56 110.97% 18905
20 235200 291000 222,682.48 130.68% 19900
21 246960 316100 203,523.57 155.31% 0
22 258720 342700 183,732.63 186.52% 0
23 270480 370700 163,288.82 227.02% 0
24 282240 400200 142,170.60 281.49% 0
25 294000 431200 120,355.71 358.27% 0
26 305760 463800 97,821.19 474.13% 0
27 317520 498100 74,543.29 668.20% 0
28 329280 534100 50,497.48 1057.68% 0
29 341040 572000 25,658.44 2229.29% 0
30 352800 612000 (0.00) 0

Please consult your legal, tax advisor of any legal or tax advice. My Money Strategies does not make any claims as the data entered into these worksheets are done by each visitor.

This illustration does not reflect that dollars are paid and received at different times.