Sample APS

MEET JACK & JACKIE

Age 50 with a $250K Mortgage

Mortgage Amount

250000

Years already paid

0

Term of the Mortgage

30

Mortgage Interest Rate

3.25%

Monthly Mortgage Payment

$1,088.02

SUMMARY

Monthly Mortgage Payment

$1,088.02

Monthly Mortgage Payment Times 12 months

$13,056.19

Year Plan Value Exceeds Mortgage

15

Number of Mortgage Mortgage Payments Avoided

15

Total Amount of Money Not Being Paid To A Lender

$235,011

COST ANALYSIS

Extra Dollars Paid In

$181,440

Total Amount of Money Not Being Paid To A Lender

$235,011

Extra $ Available to Retire Debt

$ 184,600

Cost of 20 Year Term Life Insurance

$42,000

Total Value Of All Benefits

$461,611

Percentage Paid in per Dollar of Benefit

39.31%
Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 15120 13500 244,994.69 5.51% 2100
2 30240 28600 239,824.26 11.93% 4200
3 45360 44300 234,483.27 18.89% 6300
4 60480 59800 228,966.08 26.12% 8400
5 75600 75800 223,266.89 33.95% 10500
6 90720 89900 217,379.70 41.36% 12600
7 105840 104300 211,298.29 49.36% 14700
8 120960 119200 205,016.27 58.14% 16800
9 136080 134600 198,527.01 67.80% 18900
10 151200 150400 191,823.68 78.41% 21000
11 166320 167000 184,899.22 90.32% 23100
12 181440 184600 177,746.33 103.86% 25200
13 196560 203200 170,357.48 119.28% 27300
14 211680 222800 162,724.88 136.92% 29400
15 226800 243500 154,840.49 157.26% 31500
16 241920 266200 146,696.01 181.46% 33600
17 257040 291100 138,282.86 210.51% 35700
18 272160 318000 129,592.16 245.39% 37800
19 287280 347200 120,614.78 287.86% 39900
20 302400 378700 111,341.24 340.13% 42000
21 317520 412000 101,761.78 404.87% 0
22 332640 447600 91,866.32 487.23% 0
23 347760 484500 81,644.41 593.43% 0
24 362880 522900 71,085.30 735.60% 0
25 378000 562900 60,177.86 935.39% 0
26 393120 604500 48,910.60 1235.93% 0
27 408240 648100 37,271.65 1738.86% 0
28 423360 693700 25,248.74 2747.46% 0
29 438480 741400 12,829.22 5778.99% 0
30 453600 791200 (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.

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