Sample APS

MEET JACK & JACKIE

Age 40 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

16

Number of Mortgage Mortgage Payments Avoided

14

Total Amount of Money Not Being Paid To A Lender

$365,573

COST ANALYSIS

Extra Dollars Paid In

$290,240

Total Amount of Money Not Being Paid To A Lender

$365,573

Extra $ Available to Retire Debt

$307,800

Cost of 20 Year Term Life Insurance

$32,100

Total Value Of All Benefits

$705,473

Percentage Paid in per Dollar of Benefit

41.14%

Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 18140 16200 489,989.38 3.31% 1605
2 36280 34300 479,648.52 7.15% 3210
3 54420 52800 468,966.53 11.26% 4815
4 72560 70800 457,932.16 15.46% 6420
5 90700 89200 446,533.79 19.98% 8025
6 108840 105200 434,759.39 24.20% 9630
7 126980 121800 422,596.58 28.82% 11235
8 145120 139100 410,032.54 33.92% 12840
9 163260 156900 397,054.02 39.52% 14445
10 181400 175400 383,647.37 45.72% 16050
11 199540 194800 369,798.44 52.68% 17655
12 217680 215200 355,492.67 60.54% 19260
13 235820 236600 340,714.96 69.44% 20865
14 253960 259000 325,449.76 79.58% 22470
15 272100 282500 309,680.99 91.22% 24075
16 290240 307800 293,392.03 104.91% 25680
17 308380 334900 276,565.72 121.09% 27285
18 326520 363900 259,184.33 140.40% 28890
19 344660 394800 241,229.56 163.66% 30495
20 362800 427800 222,682.48 192.11% 32100
21 380940 463400 203,523.57 227.69% 0
22 399080 500900 183,732.63 272.62% 0
23 417220 540400 163,288.82 330.95% 0
24 435360 581800 142,170.60 409.23% 0
25 453500 625200 120,355.71 519.46% 0
26 471640 670500 97,821.19 685.43% 0
27 489780 718100 74,543.29 963.33% 0
28 507920 768100 50,497.48 1521.07% 0
29 526060 820500 25,658.44 3197.78% 0
30 544200 875600 (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.