Are you paying too much in interest on your mortgage?

Lloyd Litke |


Lots of people don’t realize how much of their money is actually going towards interest alone. 

Family Tree Financial is please to introduce you to our in-house mortgage specialist, Melissa McArter.  Melissa specializes in refinances and has helped dozens of her clients save money! 

The best thing about it is that her services are completely free! 


Here is an example of a mortgage at 2.5% OLD rate versus 1.5% NEW rate:

Mortgage Amount: $400,000, 30 year amortization, 5 year term


Mortgage RATE: 2.5%

Mortgage RATE: 1.5%

Payment: $1,578

Payment: $1,380

Amount to Principal: $765

Amount to Principal: $892

Amount to Interest: $813

Amount to Interest: $488

Interest over the 5 year Term: $46,420



Interest over the 5 year Term: $27,652

SAVE: $18,768


With rates being at an all time low, now is the time to review your mortgage rate.