Infinite Banking Calculator
What if your savings account could do more? Compare putting your money into a whole life insurance policy vs. a regular savings account.
Policy Details
Year-by-Year Comparison
| Year | Age | What You Put In | Dividends Earned (Free growth) |
Total Cash Value (Your money) |
Death Benefit (For your family) |
Savings Account (The normal way) |
You're Ahead By |
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Car Purchase Comparison
When you need to buy a car, you have two choices: borrow from a bank and pay them interest, or borrow from your own policy and keep the interest working for you.
Your Policy
Car Details
These are the terms you'd get from the bank — we use them to calculate what you'd pay the traditional way.
Year-by-Year Comparison
| Year | Bank: You Owe | Bank: Interest (Gone forever) |
Bank: Total Int. | Policy: You Owe | Policy: Interest (To insurer) |
Policy: Total Int. | Dividends Earned (Free growth) |
You Save |
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Mortgage Acceleration
Pay off your home faster using your life insurance policy as a tool. Instead of sending your mortgage payment straight to the bank for 30 years, you put that money to work inside your policy first.
Mortgage Details
Velocity Banking Details
The big payment you drop on your mortgage each time your policy has enough saved up
How Does This Work? (The Simple Version)
Imagine you have a piggy bank that grows your money while you use it. That's basically what your life insurance policy does here.
- You save into your policy. Your mortgage payment ($1,896/mo) goes into your whole life insurance policy instead of just sitting in a bank account.
- You borrow a big chunk from your policy and pay down your mortgage. Once enough money builds up, you borrow $30,000 from your policy and make a big lump payment on your mortgage.
- You pay back the policy loan with your leftover income. Each month, you have $0 left over after paying your bills.
- Rinse and repeat. Once the policy loan is paid down, you borrow another chunk and hit the mortgage again.
- Your money keeps growing the whole time. Even while you have a loan out, your entire cash value keeps earning dividends (non-direct recognition).
- When the mortgage is gone, you still have your savings. Once your home is paid off, you still have all the cash value in your policy plus a death benefit.
Traditional Mortgage
This is what happens if you just make your normal monthly payment to the bank for the full life of the loan.
| Year | What You Still Owe | Interest to Bank (Yr) | Paid Toward Home (Yr) | Total Interest Paid So Far |
|---|
IBC Velocity Banking
Now look at the same mortgage, but with your money flowing through your life insurance policy first.
| Year | What You Still Owe | Mtg Interest (Yr) | Your Savings (Cash Value) |
Dividends Earned (Free growth) |
Policy Loan (You owe back) |
Loan Interest (Cost to insurer) |
Net Worth (Savings - Loan) |
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Green rows = mortgage is paid off. Your extra money goes toward paying back the policy loan.
Purple "Your Savings" column = your cash value keeps growing because dividends are earned on ALL your money.
Be Your Own Bank
You already have cash value in your policy. When you need a loan, you can borrow from a bank and pay them interest, or borrow from your own policy and keep your money working for you.
Your Policy
Loan Details
The current cash value in your whole life policy.
How much you want to borrow. Must be within your cash value.
These are the terms you'd get from a bank — we use them to calculate what you'd pay the traditional way.
Year-by-Year Comparison
| Year | Bank: Balance | Bank: Interest (Gone forever) |
Bank: Total Int. | Policy: Balance | Policy: Interest (To insurer) |
Policy: Total Int. | Dividends Earned (Free growth) |
You Save |
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