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Here's an example:
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$100,000
Loan at 8.5%
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| |
30
Year Loan
|
Mortgage Savings Program
|
| Current
Payment |
$1000 PITI |
$ 500.00 Bi-Weekly |
| Paid Off In |
30 Years |
22.6 Years |
| Total
Interest Paid |
$ 176,809 |
$ 125,075 |
|
YOU SAVE |
|
$ 51,734 |
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By simply converting the monthly payment of $1,000
to $500 on a Bi-Weekly basis, you'll make 26 one
half payments over a year's time. That's the
equivalent of 13 monthly payments.
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Through the use of sophisticated banking
technology and electronic debiting, you will
automatically make an extra payment of $500 to
principal every 6 months!
The Result!
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By enrolling
in the Mortgage Savings Program,
you'll save an amazing $51,734 and own your home
many years sooner!
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The Mortgage Savings Program provides
state of the art tracking and servicing to it's customers. You'll
receive e-mail reminders before your bank account is debited, e-mail
confirmation that your lender has been paid! You can look up and
change your account right at your finger tips on the Internet,
review your debit history and track your mortgage payoff progress!
Plus, with nearly 14 years of biweekly mortgage administration
experience, there's no question why we're # 1in the nation! (tracking not available in all 50 states)
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Not only do we guarantee the interest savings but we can provide
you a detailed annual mortgage audit to check for
lender miscalculations of interest rates and
prepayment adjustments! Homeowners have lost an
estimated 10 billion dollars due to lender
miscalculations! The Washington Post reports that
nearly 47% of all mortgages with adjustments are
being miscalculated!
That's
why you don't just want to do this on your own!
Why Doesn't My Lender Offer This ?
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