Money Monday: How To Pay Off Your Mortgage In 8.5 Years
Is it really possible that you can pay off 30 year mortgage in less than 10 years…
…without necessarily increasing your total monthly expenditures…
…and without debt consolidation?
Yes, it is! Thousands of home owners have learned that it can be done!
This may seem to be too good to be true at first, and you may not easy accept what we share with you here; because we’re all conditioned accept the status quo. The banking industry truly doesn’t want you to know our method. They would rather that you pay your mortgage payments over a long period of time, so they can maximize their profit, at your expense.
In this article, we’re going to spill the beans, and reveal some of the secrets the banking industry has been keeping from us far too long!
If you want to pay off your mortgage as fast as possible, it benefits you a great deal to find a way to put extra funds toward the outstanding balance as soon as possible. But to do this doesn’t mean you have to spend more than you already spend per month. It’s actually the method of payment that will save you the most money! And we’re talking about huge savings!
Where do the extra payments come from?
Even a little extra money paid in the beginning pays huge dividends in the long run; because the huge interest charges early in the loan really cause whirlpools in the bottom line! Most home buyers aren’t aware that they can easily lower their interest cost, and apply a lot more to the principal instead. Far too many home buyers fail to make the simple corrections! Although once we see the significance of paying down the principal, and follow our proven method, they get on track to pay off their mortgage very early; often in as little as 8 1/2 years.
Author: The Freesyncrosy Guys
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