Mortgage Manager
Mortgage Savings System

(With the Mortgage Manager Software you can input your actual 
mortgage information and determine your personal savings.)

Client:

Mr & Mrs Sample

Total Monthly Payment:

$1,000.00

Mortgage Amount: $100,000 MM Split Pay Debit Amount:

$502.95

Original Interest Rate: 7% Optional Additional Payment Amount:

$25.00

Term of Loan: 360 Months MM Split Pay Plus Debit Amount:

$527.95

 

 

Years

Mortgage 

Balance

Equity 

Buildup

MM

MM Split

 

Current

MM Split Pay

Current

MM Split Pay

Difference

Pay Plus

1

$98,984

$97,966

$1,016

$2,034

$1,018

$97,296

2

$97,895

$95,785

$2,105

$4,215

$2,109

$94,396

3

$96,727

$93,447

$3,273

$6,553

$3,280

$91,286

4

$95,474

$90,939

$4,526

$9,061

$4,535

$87,952

5

$94,131

$88,251

$5,869

$11,749

$5,880

$84,377

6

$92,691

$85,368

$7,309

$14,632

$7,323

$80,543

7

$91,147

$82,276

$8,853

$17,724

$8,871

$76,433

8

$89,491

$78,961

$10,509

$21,039

$10,530

$72,025

9

$87,715

$75,406

$12,285

$24,594

$12,309

$67,298

10

$85,811

$71,595

$14,189

$28,405

$14,216

$62,230

11

$83,769

$67,507

$16,231

$32,493

$16,262

$56,795

12

$81,580

$63,125

$18,420

$36,875

$18,456

$50,967

13

$79,233

$58,425

$20,767

$41,575

$20,808

$44,718

14

$76,716

$53,386

$23,284

$46,614

$23,330

$38,018

15

$74,016

$47,982

$25,984

$52,018

$26,034

$30,833

16

$71,122

$42,188

$28,878

$57,812

$28,934

$23,128

17

$68,019

$35,975

$31,981

$64,025

$32,043

$14,867

18

$64,691

$29,313

$35,309

$70,687

$35,378

$6,008

19

$61,122

$22,169

$38,878

$77,831

$38,953

PAID OFF

20

$57,296

$14,509

$42,704

$85,491

$42,787

 

21

$53,193

$6,295

$46,807

$93,705

$46,898

 

22

$48,793

PAID OFF

$51,207

$100,000

PAID OFF

 

23

$44,076

 

$55,924

     

24

$39,017

 

$60,983

     

25

$33,593

 

$66,407

     

26

$27,776

 

$72,224

     

27

$21,539

 

$78,461

     

28

$14,852

 

$85,148

     

29

$7,680

 

$92,320

     

30

$0

 

$100,000

     
 

 

Current Mortgage

MM Split Pay

MM Split Pay Plus

Mortgage Term: 30.0 Years 21.8 Years 18.7 Years
Interest Savings: None $44,358 $59,923
Total Interest: $139,502 $95,144 $79,579
Gross Payments Saved: None 99 136
Equivalent Interest Rate: 7% 5.086% 4.367
Average Yearly Interest Savings: None $2,039 $3,210
Average Monthly Interest Savings: None $170 $268
 

Download the FREE Mortgage Manager software and compare your mortgage.