BUILD EQUITY - ACCELERATE LOAN PAYOFF
The purpose of this program is to build equity faster by accelerating the loan payoff. The payment calculator is for demonstration purposes only and shows estimated figures; actual program benefits, interest reduction, loan payoff(months), payment amounts and other figures will vary. Any changes in interest rate, refinance of the subject of the loan or additional payments will have a significant effect on the savings and payment schedules. The figures are estimates and do not include the banking service fee. Interest reduction is not a total savings figure; in some cases the fees charged may exceed the interest reduction or benefit. Equity acceleration does not represent a total savings figure; it refers to the estimated difference in loan balance when compared to standard monthly payments.