Sample APS

MEET JACK & JACKIE

Age 50 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

13

Number of Mortgage Mortgage Payments Avoided

17

Total Amount of Money Not Being Paid To A Lender

$310,737

COST ANALYSIS

Extra Dollars Paid In

$274,924

Total Amount of Money Not Being Paid To A Lender

$310,737

Extra $ Available to Retire Debt

$264,600

Cost of 20 Year Term Life Insurance

$36,283

Total Value Of All Benefits

$631,157

Percentage Paid in per Dollar of Benefit

43.56%

Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 21148 18900 342,992.56 5.51% 2791
2 42296 40000 335,753.96 11.91% 5582
3 63444 61600 328,276.57 18.76% 8373
4 84592 82700 320,552.51 25.80% 11164
5 105740 104200 312,573.65 33.34% 13955
6 126888 122700 304,331.58 40.32% 16746
7 148036 141500 295,817.61 47.83% 19537
8 169184 160600 287,022.78 55.95% 22328
9 190332 180100 277,937.82 64.80% 25119
10 211480 199900 268,553.16 74.44% 27910
11 232628 220500 258,858.91 85.18% 30701
12 253776 242100 248,844.87 97.29% 33492
13 274924 264600 238,500.47 110.94% 36283
14 296072 288200 227,814.83 126.51% 39074
15 317220 312900 216,776.69 144.34% 41865
16 338368 339900 205,374.42 165.50% 44656
17 359516 369300 193,596.00 190.76% 47447
18 380664 400000 181,429.03 220.47% 50238
19 401812 435400 168,860.69 257.85% 53029
20 422960 472100 155,877.74 302.87% 55820
21 444108 511300 142,466.50 358.89% 0
22 465256 551900 128,612.84 429.12% 0
23 486404 593800 114,302.17 519.50% 0
24 507552 637100 99,519.42 640.18% 0
25 528700 681800 84,249.00 809.27% 0
26 549848 727800 68,474.83 1062.87% 0
27 570996 775600 52,180.30 1486.38% 0
28 592144 825200 35,348.24 2334.49% 0
29 613292 876600 17,960.91 4880.60% 0
30 634440 929800 (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.