Mortgage Education

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Mortgage Education

This section is provided to help the average home owner understand basic down-falls in borrowing money on a home.

Everyone wants cheaper payments and longer terms to pay back the money on a home.

By doing this you buy one house and pay for three houses, by the time you pay off a 30 year loan.

Two-thirds of the money you pay is in interest charges!

After 15 long years you have only paid off around 20% of the loan you originally borrowed!

We want to show you a simple method for paying that mortgage off in 10 years faster.

Using our method propels your loan far ahead to an early payoff!

Your home is the largest investment you have, it’s up to you how long you wish to pay for it!

If you’re ready to take charge of your family’s financial well being, look at the results!

Example:

11% Interest

30 Year Loan

$25,000 Loan

Pay an extra $10.00 a month, the loan pays off early by 6 1/2 years!

..........saves you $18,570.00

Pay an extra $25.00 a month, the loan pays off early by 11 1/3 years!

..........saves you $32,259.00

Pay an extra $50.00 a month, the loan pays off early by 15 1/2 years!

..........saves you $44,299.00

Pay an extra $75.00 a month, the loan pays off early by 18 years!

..........saves you $51,357.00

Ask a Banker about details reguarding refinancing your home or fill out an online refinance application.