Sample APS

MEET JACK & JACKIE

Age 45 with a $350K Mortgage


Mortgage Amount

350000

Years already paid

0

Term of the Mortgage

30

Mortgage Interest Rate

3.25%

Monthly Mortgage Payment

$1,523.22

SUMMARY

Monthly Mortgage Payment

$1,523.22

Monthly Mortgage Payment Times 12 months

$18,278.67

Year Plan Value Exceeds Mortgage

14

Number of Mortgage Mortgage Payments Avoided

16

Total Amount of Money Not Being Paid To A Lender

$292,459

COST ANALYSIS

Extra Dollars Paid In

$231,196

Total Amount of Money Not Being Paid To A Lender

$292,459

Extra $ Available to Retire Debt

$226,700

Cost of 20 Year Term Life Insurance

$24,864

Total Value Of All Benefits

$554,679

Percentage Paid in per Dollar of Benefit

41.68%

Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 16514 14800 342,992.56 4.31% 1776
2 33028 31200 335,753.96 9.29% 3552
3 49542 48000 328,276.57 14.62% 5328
4 66056 64500 320,552.51 20.12% 7104
5 82570 81300 312,573.65 26.01% 8880
6 99084 95300 304,331.58 31.31% 10656
7 115598 109900 295,817.61 37.15% 12432
8 132112 124900 287,022.78 43.52% 14208
9 148626 140400 277,937.82 50.51% 15984
10 165140 156400 268,553.16 58.24% 17760
11 181654 173100 258,858.91 66.87% 19536
12 198168 190400 248,844.87 76.51% 21312
13 214682 208200 238,500.47 87.30% 23088
14 231196 226700 227,814.83 99.51% 24864
15 247710 245900 216,776.69 113.43% 26640
16 264224 267200 205,374.42 130.10% 28416
17 280738 290900 193,596.00 150.26% 30192
18 297252 316900 181,429.03 174.67% 31968
19 313766 345300 168,860.69 204.49% 33744
20 330280 376300 155,877.74 241.41% 35520
21 346794 409100 142,466.50 287.16% 0
22 363308 443100 128,612.84 344.52% 0
23 379822 478200 114,302.17 418.36% 0
24 396336 514500 99,519.42 516.98% 0
25 412850 552000 84,249.00 655.20% 0
26 429364 590500 68,474.83 862.36% 0
27 445878 630300 52,180.30 1207.93% 0
28 462392 671500 35,348.24 1899.67% 0
29 478906 714200 17,960.91 3976.41% 0
30 495420 758300 (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.