Helping you make the most of your money. BY SAVING ON YOUR MORTGAGE!
If you are looking for a way to pay down your mortgage at a faster rate without changing your life style, you've found it.
People all over town are saying that there are programs in the market that will actually help you pay down your mortgage faster. They are right. The only catch however, is that you have to pay $3,500 for a program that tells you to pay every left over cent into your mortgage because the sooner you put in the earlier you get out. You don't need a fancy HELOC, a Credit Card, or a Second Mortgage to do this. Don't pay $3,500 for someone to tell you common sense answers that you already know.
Well do I have news for you? I have built the program and it really does work. I am going to tell you the secret to its success. So listen closely. When you pay $1 extra the first day you sign your mortgage you have saved $8.07 at the end of 30 years at 7%. Therefor the key is simple, pay your mortgage as fast as you can with extra payments. The key is extra payments because extra payments attack the principle of your mortgage. What this does is save you interest in the long run.
In the Financial tools section of this site you can find excel documents that help you organize your mortgage. The best thing about this is that it is FREE. That means you don’t pay anything for the program. Just type in your mortgage info and you’re on your way.
Remember this excel document is not fool proof and may contain errors. That is why this program is open source. You can choose to change the program at anytime. Just remember be careful when you apply it to your mortgage. Because it is open source I take no responsibility for any errors the program may have. Instead it is up to you to fix the problems you encounter.