Sample APS

MEET JACK & JACKIE

Age 55 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

11

Number of Mortgage Mortgage Payments Avoided

19

Total Amount of Money Not Being Paid To A Lender

$248,068

COST ANALYSIS

Extra Dollars Paid In

$213,345

Total Amount of Money Not Being Paid To A Lender

$248,068

Extra $ Available to Retire Debt

$200,300

Cost of 20 Year Term Life Insurance

$36,795

Total Value Of All Benefits

$515,268

Percentage Paid in per Dollar of Benefit

41.40%

Year $ Paid In $ Value Mortgage Schedule % Paid of Mortgage $ for 20-year Level Term Ins
1 19395 17400 244,994.69 7.10% 3345
2 38790 36700 239,824.26 15.30% 6690
3 58185 56500 234,483.27 24.10% 10035
4 77580 75900 228,966.08 33.15% 13380
5 96975 95700 223,266.89 42.86% 16725
6 116370 113100 217,379.70 52.03% 20070
7 135765 130400 211,298.29 61.71% 23415
8 155160 147800 205,016.27 72.09% 26760
9 174555 165100 198,527.01 83.16% 30105
10 193950 182300 191,823.68 95.04% 33450
11 213345 200300 184,899.22 108.33% 36795
12 232740 219300 177,746.33 123.38% 40140
13 252135 239300 170,357.48 140.47% 43485
14 271530 260300 162,724.88 159.96% 46830
15 290925 282300 154,840.49 182.32% 50175
16 310320 305800 146,696.01 208.46% 53520
17 329715 331000 138,282.86 239.36% 56865
18 349110 358000 129,592.16 276.25% 60210
19 368505 386700 120,614.78 320.61% 63555
20 387900 417200 111,341.24 374.70% 66900
21 407295 450000 101,761.78 442.21% 0
22 426690 484200 91,866.32 527.07% 0
23 446085 519800 81,644.41 636.66% 0
24 465480 556800 71,085.30 783.28% 0
25 484875 595200 60,177.86 989.07% 0
26 504270 635200 48,910.60 1298.70% 0
27 523665 677300 37,271.65 1817.20% 0
28 543060 721600 25,248.74 2857.96% 0
29 562455 768300 12,829.22 5988.67% 0
30 581850 817700 (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.