Reduce Your Mortgage Payoff Amount And Time By Half

Thirty years is a very long time to be paying your mortgage debt before you finally own your own home outright. In fact, if you recall the last time you either mortgaged or refinanced your home, you were given a truth in lending statement that explained how much you would pay if the contract was fulfilled over the whole term as stated. The numbers were–and remain–frightening, as the result is a fourfold markup! Thus a $200,000 mortgage ends up costing approximately $800,000 over the full thirty years!

Yet we all focus and worry about achieving a half-point better on the mortgage interest rate when in the end, we pay a large fortune for the privilege of having a thirty-year mortgage. We are placated by being allowed to deduct the interest but that seems like a ridiculous reason to pay so much. What choice do we have we ask? So like lambs being led to slaughter, we walk down the trodden path as so many before us have done and so many after us will do. Except now, with the blessings of computer programming and sophisticated financing we can beat this deal to death.

Here is what I am talking about.

With a specific program that controls this entire process (which I have recently been introduced to) and with the support of a home equity loan, the program borrows home equity money and pays down the principle of your mortgage in a specifically timed manner, as well as paying itself off. In the end, a thirty-year mortgage can be paid off in approximately nine to twelve years instead of thirty years depending on a bunch of criteria and choices that you make. You spend no more per month than you are currently spending, but you are doing it far more intelligently and, by beating the traditional mortgage deal by many, many years, you save many hundreds of thousands of dollars.

Part of the secret is that a home equity loan is amortized far differently than a traditional mortgage, hence the higher payoff amount of the mortgage and with only the interest additional costs from the home equity loan. Thus, the home equity loan is used to fund the reduction of principle along with the reduction of the home equity loan itself so that in the end, despite borrowing to pay, the net result is a far more rapid and far less costly reduction of your principle mortgage. It’s more complicated than described herein, but this is the drift. The program also performs many additional valuable computations for you and becomes a financial planning tool with many applications and potential uses. It cost a bit to buy into the deal but the savings are astronomical.

There is no way the average individual, or even the above average individual can compute and manage this concept without this program, and with its well thought out process, it’s a huge financial tool supporting many valuable functions. There is a wonderful presentation that will turn you into an immediate believer and will have you clamoring to sign up and calling your friends and family to join along. It’s the only legitimate way I know to beat the mortgage deal we are all forced to swallow. Call me and I’ll tell you more.