Bancgroup Mortgage Logo   David A. Pellegrino, Mortgage Consultant for Bancgroup Mortgage Corporation
Today's Mortgage Rates:
  4.25% 30-Year Fixed Rate Conforming Mortgage 4.396% APR
  4.25% 30-Year Fixed Rate FHA Mortgage 4.922% APR
  3.75% 15-Year Fixed Rate Conforming Mortgage 4.001% APR
Indices: LIBOR -- 0.99%  Treasuries -- 0.27%  Prime Rate -- 3.25%
Updated on Tuesday, August 31, 2010 12:58:20 PM -- Assumptions

Lifetime Savings Calculator
 
 
This calculator will show you how much you'll save over the course of your lifetime when permanently switching from any given high priced buying habit (name brand) to its functional, less expensive equivalent (generic). Plus, it will also show you how much interest you could earn if you were to invest all or part of those savings as you realized them. As you're about to see, "a penny saved" can REALLY ADD UP!
 
Enter your current age:
   
Enter the age you plan on retiring at:
   
Enter the age you expect to live until:
   
Enter the price you are currently paying for a higher priced name-brand product or service: $
   
Enter the price of a lower-priced functional equivalent (generic):  

$
   
Enter the number times you purchase this item per month:
 
Savings Per...
Purchase:$ Month:$ Year:$
Retire:$ Lifetime:$
   
Enter the average annual interest rate you might expect to earn if you were to deposit these savings into an investment as they were realized: %
 
   
This is how much your investment will be worth at retirement age: $
   
This is how much you would be able to withdraw from your investment during each month of your expected retirement: $
   
This is the total future value of your invested savings between now and your life expectancy: $
 

 

[Home] [Calculators] [FAQ] [About Me] [Referral Partners] [Contact Me] [Table of Contents] [Search] [Privacy Policy]

BancGROUPTM Mortgage Corporation is an Equal Housing Lender and Colorado, Illinois, Indiana, Wisconsin and Florida Residential Mortgage Licensee.

David A. Pellegrino -- Colorado Mortgage Loan Originator # 100017881 / National Mortgage Licensing System # 190983

1745 Shea Center Drive, Suite 130 Highlands Ranch, CO 80129-1537 -- Office: 303.542.1103 Fax: 303.542.1200

 Follow dapelleg on Twitter