Whether its your mortgage, student loans, autoloans, business or personal loans, we can show you how to pay them off in of the time and. This calculator is the perfect tool to figure out how to pay off a mortgage quickly, or widen the gap between money owed and equity. Enter your original mortgage information along with your extra payments using the calculator below to see how much interest you will save and. Estimate your monthly payments with pmi, taxes, homeowners insurance, hoa fees, current. It offers amortization charts, extra payment options, payment. Apr 04, 2007 mortgage accelerator plus was developed to revolutionize and assist home owners to pay off their mortgage and live debt free, said bour.
Maxmyequity blows away the very rules of a conventional mortgage that are designed to actually keep you in debt. The phenominal program that enables mortgage free home ownership. Also, msn money recently published an article called a new way to pay off your house. I originally was told about similar software programs from money managing and investment talk radio programs and info commercials on t. Paying off your mortgage more quickly than required does more than get you out of making a monthly payment. Who is truth in equity truth in equity is the implementation and execution experts of eo. Truth in equity will help you get more out of what you own and what you earn. Mortgage accelerator plus was developed to revolutionize and assist home owners to pay off their mortgage and live debt free, said bour. The company is backed by the wells fargo startup accelerator, sri international, and bloomberg beta, among others.
Mortgage solutions are not a new phenomenon, however variable interest loans and. Thats why every homeowner needs mortgage accelerator software. Doug on twitter wants to know what dave thinks of mortgage accelerator plans. Check out the webs best free mortgage calculator to save money on your home loan today. Debunking the mortgage accelerator program the wall. Monthy balances having a monthly balance in a checking account is not a good idea money. That means that even if you stay put and pay every month for 10 years, youll only have paid off. Open a heloc the first step in the mortgage accelerator strategy is to open a home equity line of credit. Mortgage acceleration reduces the length of your mortgage which lowers your total interest expense over your loan term.
A mortgage accelerator program is a mortgage loan program that is tied to your home equity line of credit heloc. Jun, 2010 how to get the mortgage accelerator software free. The media has recently done several stories on this mortgage acceleration software. The repayment of mortgages can be a daunting proposition. A debt and mortgagefree future is just around the corner. This means you will pay all monthly expenses gas, groceries, mortgage, phone, etc directly from the heloc. Mortgage accelerator plus software and australian loan. Mortgage acceleration ma is a way for real estate owners to take possession of the title to their property sooner. It may not seem obvious, but mortgage accelerator software does more than reduce mortgage costs. Simple the software platform is a selfdirected platform, it is very userfriendly and easy to navigate. By using common practices that are taught by several financial experts, financial relief accelerator clients will pay off all of their debts, including a mortgage in as little as 612 years with no major changes to their spending habits. Map was created by norm bour and for some reason his mortgage accelerator plus site is no longer operational. He was selling macquaries asset manager aka money merge account and also home ownership accelerator. Some mortgage accelerator programs will sell you a spreadsheet or computer program that will calculate how to execute the mortgage prepayment strategy, with or without the heloc.
Thats why your mortgage pays off eight years early. With our software platform you can expect to pay off your home in 7. Mortgage accelerator plus software and australian loan reduction. Just to make diy mortgage acceleration really easy, ive created three. Mortgage accelerator software mortgage acceleration. When i looked further into these programs i learned that the cost of many of these programs is a percentage of the remaining mortgage and a monthly maintenance fee. The goal of the program is to help you pay off your. In fact, we not only coined the terms, but have been very.
Looking for a flexible free downloadable mortgage calculator built in excel. Mar 29, 2019 how to follow the mortgage accelerator plus program. It eliminates the guesswork, simply input your financial. In may 2007, the las vegas nbc news affiliate channel 3 did a special on how the program was starting to get more and more popular in the united states. Monthy balances having a monthly balance in a checking account is not a good idea money in a checking account earns you zero or very little interest and that interest is taxed annually. By using common practices that are taught by several financial experts, financial relief accelerator clients will pay off all of their debts, including a mortgage in as little as 612 years. Before you replace your mortgage get a personalized free analysis. Mortgage payoff calculator with line of credit vertex42. To use the calculator input your original mortgage amount, interest rate, loan length, mortgage start date, overpayment start date and monthly overpayment amount. Supercharge your mortgage is a totally self directed, step by step mortgage equity accelerator program.
Debunking the mortgage accelerator program the wall street. Take control of your financial future today by downloading this easy calculator. Scott, in response to yor reply to my post about the software version of mortgage acceleration. Mortgage accelerator affiliate program truth in equity. Use our mortgage acceleration calculator to determine how much money you can save and how quickly you can payoff your mortgage by accelerating a fixed rate loan, or paying more than your required monthly payment. Mortgage accelerator plus is nothing more than what most debt reduction calculators, many are available on the web for free, can offer. These things are often called money merge accounts.
Accelerated debt payoff calculator mortgage loan rates. Types of mortgage acceleration programs mortgage acceleration programs are of two types. Mortgage acceleration software free download mortgage acceleration top 4 download offers free software downloads for windows, mac, ios and android computers and mobile devices. Our mortgage acceleration program helps you own your home in less than half the time by using common practices used by fortune 500 companies. Can you really pay off your mortgage early with a heloc. A type of mortgage loan program popular in the united kingdom and australia that resembles the combination of a home equity loan and a checking.
Use these calculators to evaluate different acceleration scenarios and learn how overpaying your mortgage reduces the number of loan payments you are required to make, pays off your mortgage faster. The purpose of the accelerated debt payoff calculator is to help people create a plan of attack to reduce their consolidated debt as quickly. Some mortgage accelerator programs will sell you a spreadsheet or computer program that. The other kind of mortgage accelerator plan out there is a total ripoff. The other kind of mortgage accelerator program floating around out there is a total ripoff. Nov 15, 2017 avoid the mortgage accelerator spreadsheets or computer software programs. Our mortgage acceleration calculators enable you to determine the financial benefits of overpaying a fixed rate, interest only or biweekly loan. Avoid the mortgage accelerator spreadsheets or computer software programs. Use our mortgage acceleration calculator to determine how much money you can save and how quickly you can payoff your mortgage by accelerating a fixed rate loan, or paying more than. Try this free featurerich mortgage calculator today.
The best thing imo about the cmg home ownership accelerator mortgage is that because it is a heloc it is a 2 way instrument, if you leave money in the account it reduces your interest, if you need the money you can take it back out any time you want. In may 2007, the las vegas nbc news affiliate channel 3 did a special on how the program was. Like the mortgage magic system a mortgage accelerator software system that saves up to 20 years of mortgage payments and hundreds of thousands of dollars in mortgage interest. I did pay off my mortgage rapidly, about four years. It offers amortization charts, extra payment options, payment frequency adjustments and many other useful features. With a heloc you will borrow from it to pay down your debtmortgage with regular and accelerated mortgage payments. Whether its your mortgage, student loans, autoloans, business or personal loans, we can show you how to pay them off in of the time and interest. The best thing imo about the cmg home ownership accelerator mortgage is. Luckily, with mortgage accelerator programs, you can pay off your loan more. Ultimately, this is something you can do yourself just by sending additional payments to. Truth in equity has set the bar high in the equity optimization and mortgage accelerator arena. I figure we will set up a mortgage payoff account to place the extra funds instead. Dec 26, 2007 scott, in response to yor reply to my post about the software version of mortgage acceleration. Paydotcom is a safe trusted space in which digital content and software creators can sell their products in a fully hosted environment, using their own payment portals, and tap into an army.
Answer faqs about the mortgage acceleration concept. In the recent years, with the mortgage lending business in turmoil, many real estate owners have opted for alternatives in trying to pay off the mortgage early. The one thing credit cards do well is they will give you free money for up to 45. Streamline your debt is a free tool that analyzes your home mortgage and shows you ways to reduce your payments or pay your loan off more quickly by using a home equity line of credit. Mortgage accelerator software should be a basic part, indeed the most important part, of every homeowners financial planning.
Truth in equity will help you get more out of what you own and what you. Take control of your financial future today by downloading. How to get the mortgage accelerator software free youtube. Paydotcom is a safe trusted space in which digital content and software creators can sell their products in a fully hosted environment, using their own payment portals, and tap into an army of affiliates who can promote your product. The book on cd is in point and click page turning format and comes complete with easy to. Download microsoft excel mortgage calculator spreadsheet. The goal of the program is to help you pay off your mortgage faster and save tons of money. In fact, we not only coined the terms, but have been very successful where others have faltered. Download a free mortgage payoff calculator that uses a line of credit to make. This scheme is used not only to pay off your mortgage, but also to manage your entire. I think my wife is starting to see the value of our 15 year 2.
Many home owners are not aware of the drastic reductions in interest dollars that map plus can put back into their pockets. Dec 10, 2018 a mortgage accelerator program is a mortgage loan program that is tied to your home equity line of credit heloc. An average mortgage accelerator customer will pay their mortgage off in 615 years with little or no change to their spending habits and without increasing their monthly payments. If youre one of these people then a whopping 91% of your mortgage payment goes to interest.
Chop my mortgage accelerated banking heloc strategy. The mortgage accelerator, on the other hand, uses a home equity line of credit to automatically send all of your extra savings into mortgage prepayments. Mortgage acceleration software free download mortgage acceleration top 4 download offers free software downloads for windows, mac, ios and android. Using this system, a homeowner can pay off their mortgage in as little as 10. How to follow the mortgage accelerator plus program. It eliminates the guesswork, simply input your financial profile and the plan is setup for you, nothing could be easier. Use these calculators to evaluate different acceleration scenarios and learn how overpaying your mortgage reduces the number of loan payments you are required to make, pays off your mortgage faster, lowers your interest cost and saves you money.
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