Sample APS

MEET JACK & JACKIE

Age 55 with a $100K Mortgage

Mortgage Amount

100000

Years already paid

0

Term of the Mortgage

30

Mortgage Interest Rate

3.25%

Monthly Mortgage Payment

$435.21

SUMMARY

Monthly Mortgage Payment

$435.21

Monthly Mortgage Payment Times 12 months

$5222.48

Year Plan Value Exceeds Mortgage

14

Number of Mortgage Mortgage Payments Avoided

16

Total Amount of Money Not Being Paid To A Lender

$83,560

COST ANALYSIS

Extra Dollars Paid In

$108,920

Total Amount of Money Not Being Paid To A Lender

$83,560

Extra $ Available to Retire Debt

$71,294

Cost of 20 Year Term Life Insurance

$28,460

Total Value Of All Benefits

$183,314

Percentage Paid in per Dollar of Benefit

59.42%
Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 7780 6964 97,997.88 7.11% 1423
2 15560 14702 95,929.70 15.33% 2846
3 23340 19106 93,793.31 20.37% 4269
4 31120 23606 91,586.43 25.77% 5692
5 38900 28192 89,306.76 31.57% 7115
6 46680 32856 86,951.88 37.79% 8538
7 54460 37568 84,519.32 44.45% 9961
8 62240 42308 82,006.51 51.59% 11384
9 70020 47062 79,410.80 59.26% 12807
10 77800 51832 76,729.47 67.55% 14230
11 85580 56626 73,959.69 76.56% 15653
12 93360 61460 71,098.53 86.44% 17076
13 101140 66348 68,142.99 97.37% 18499
14 108920 71294 65,089.95 109.53% 19922
15 116700 76314 61,936.20 123.21% 21345
16 124480 81390 58,678.41 138.71% 22768
17 132260 86512 55,313.14 156.40% 24191
18 140040 91620 51,836.87 176.75% 25614
19 147820 96728 48,245.91 200.49% 27037
20 155600 101858 44,536.50 228.71% 28460
21 163380 107514 40,704.71 264.13% 0
22 171160 113244 36,746.53 308.18% 0
23 178940 119048 32,657.76 364.53% 0
24 186720 124920 28,434.12 439.33% 0
25 194500 130870 24,071.14 543.68% 0
26 202280 136946 19,564.24 699.98% 0
27 210060 143190 14,908.66 960.45% 0
28 217840 149718 10,099.50 1482.43% 0
29 225620 156658 5,131.69 3052.76% 0
30 233400 164170 (0.00) 0

The product being offered in this scenario is life insurance and the primary intention of this product is to provide a death benefit. Scenario uses the guaranteed rate.

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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