| If you can slash 13 years off your mortgage and save | | | | The stack this up with interest up front and you only |
| thousands of dollars without spending more or | | | | make a real dent in the principal after 10 years. Even |
| changing your lifestyle, would you do it? | | | | though you try and pay more principal upfront it feels |
| This is certainly appealing and I am sure that most | | | | as if you have made no progress. |
| homeowners would jump at the chance to pay off | | | | And the best way we know to pay off our mortgage |
| their mortgage. | | | | is to either spend extra from your mortgage or use |
| But you know that it is almost impossible to make pay | | | | the bi-weekly accelerated mortgage program. But we |
| off your mortgage in this day and age. You see it's not | | | | all know these methods require more money every |
| your fault. Everything you do is stacked against you | | | | month in order to pay off your mortgage early. |
| and it is an impossible task to stay on track and pay | | | | So as you can see, it is not your fault you want to pay |
| off your mortgage. | | | | off your mortgage but just can't get started or keep |
| When the FHA was first signed into law in the early | | | | on track even though you made the decision to live |
| 30s, homeowners need 80% down payment and 20% | | | | debt free. |
| was in insured through the FHA. Approximately 15% of | | | | The best way to repay your mortgage and live debt |
| people could afford to buy a home back then. As time | | | | free is to use the mortgage acceleration system. This |
| went on the rules changed. Now you only need 20% | | | | method has an automatic system and a method so |
| as a down payment down payment to own a home. | | | | that it breaks through your barriers to getting started |
| And now we have and 15 year mortgages, 30 year | | | | and staying on track. |
| mortgages at even 50 a mortgages. | | | | This method is set up so that you use a home equity |
| We are led to believe from an early age that is okay | | | | line of credit to pay off your mortgage faster. You can |
| to pay for a lifetime of mortgage payments. We see | | | | end up slashing 13 years off your mortgage without |
| our parents do that, our families do that and now we | | | | changing your lifestyle. |
| automatically assume that this is the right way to live. | | | | This mortgage payoff method uses the concept of |
| And when we make a decision to pay off our | | | | interest leverage to help you rapidly pay off my |
| mortgage, it is an uphill battle. You are doomed to fail | | | | mortgage. Home equity line of credit when used a |
| from the beginning. | | | | checking account enables you to lower interest and |
| And if that's not enough, the banks have created the | | | | pay off your mortgage faster. |
| mortgage amortization schedule to work against you. | | | | |