facts
The Financial Equalization© Plan - A New Way to look at
Mortgage and Debt Elimination...
Would you like to...?
- Pay off high interest debt?
- Have more cash flow?
- Pay off your mortgage faster?
Until now You had 3 Choices:
- Get a second mortgage or home equity loan
You will still have your original mortgage and now a new loan. This may improve your current cash flow by consolidating your current debt, but long term, you will be paying much more interest to the bank—
End Result: You pay more! - Refinance your 25 year mortgage down to a 15 year loan
This option will reduce over the long term the interest you are paying, but it will substantially increase your monthly payments and you will still be paying on your monthly debt load—
End Result: Can you afford it?
Weekly or bi-weekly mortgage payments
You may save a few years off your amortization, but you will have to come up with the extra payments every year— compared to a regular monthly mortgage payment.
End Result: You pay more!
