Are you planning to retire but still have a huge mortgage payment in retirement?
Your First Step Is The Key?
Most of us get our financial cues from the media or an advisor if we are lucky to have one. Our understanding of financial information for our specific investments is most times limited to the information sent to us by our employers.
Do you consider yourself a financial whiz kid when it comes to investing in the stock market?
If not, it is not your fault. We are good at earning money and cant be specialists at everything. Thats why we pay fees to the stock market specialist to help manage our money.
Without a clear goal and objectives you are bound to lose your money even if you are managing your own money or having a specialist manage your nest egg.
If you want to build your net worth rapidly with an investment you can understand fairly well and control, then real estate is still one of the best investments you can make. And even if your home value falls there is no loss to you and if you hold this for a long time the value will increase again and you get back all your gains.
The Rewards of A Final Payoff
We are naturally forced into believing that we have to pay off our mortgages over 30 years or longer and thats just the way it is meant to be. But do you know using a system like mortgage free for life can speed up the process, without changing your lifestyle?
Paying more than the required amount on your monthly mortgage payment is one way of paying down your original loan total.
But this requires some sacrifice on your part. Your extra money is now being applied to your mortgage instead of you using these funds to invest or save emergency funds for that rainy day.
Are you in a position right now to spend more money each month to pay off your mortgage?
And dont neglect your investments
Good investments can produce more than paying extra on the monthly mortgage. Look into mortgage acceleration as a way to achieve the final reward of being Mortgage Free for Life.
Accelerate Your Investment Power
Accelerating your mortgage payments is what the Mortgage Free for Life program is all about.
The mortgage acceleration process addresses the fact that banks and lending institutions front load your loans with interest rates, very high interests rates in some cases.
Applying the method of mortgage acceleration you can reverse the flow of interest paid to you bank. Instead of the bank applying more of your monthly payment to mortgage interest they happily will apply this to mortgage principal. And an acceleration system like Mortgage Freedom For Life could end up saving you thousands and eliminating your mortgage in record time.
If you want to find out how to slash years of your mortgage early without spending more or changing your lifestyle, the best way is to enter your information directly into a mortgage acceleration calculator.
Do you want to know the secret behind mortgage freedom for life.
A HELOC (Home Equity Line of Credit) is the secret to pay off your mortgage and living mortgage free for life.
Since the HELOC is extremely low as the prime rate of interest is low, in this current market the rate on your HELOC is below your mortgage rate. By using your HELOC as a checking account you can take advantage of this low rate and automatically pay off your mortgage 15 years faster without a change in your finances
Sometimes we may feel that refinancing is a good option to pay off your mortgage faster, especially when the rates have dropped. You refinance to a lower rate thinking that the extra cash savings will be applied to paying your mortgage faster. This rarely happens. In some cases you could be worse off with refinance fees and longer time it takes to pay off your mortgage.
How To Take Back Control Over Your Mortgage Debt
If you have kids imagine them finishing college without taking a lifetime to pay off debt. That would be one of the biggest gifts that any kid would like to have especially when they are just getting started in life.
The equity you have in your home could be used to fund the down payment on an income producing property.
Mortgage Free For Life is designed to suite your needs and can help you go from having a mortgage to no mortgage in under 10 years, saving thousands.
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