Did you know that on a 30 year fixed mortgage, with a loan amount of $150,000 and an interest rate of 6%, you would pay and amazing $323,754,57 of which $173,754.57 is pure interest. WOW!

Though the numbers are different for each homeowner, the cost of the home and interest rate vary, this is what typically happens to homeowners. We pay a very large amount in interest over time. Even if your interest is low, all too often, too much money is paid in interest.

Why is that happening? Why is this such a 'tradition'? And why do people settle for it? Because the loan Amortization Schedules are what we term 'front loaded', meaning that the bulk of the mortgage payments goes to the loan company first. The Principle amount is secondary or much less until later years of the loan. Just look at an Amortization Schedule. I'll sent one to you if you don't have one. Math is math but loan math is different. 6% of $150k is Not $173k, right? Homeowners don't realize and haven't been shown, that there is a much better way of saving tons of money and years of payments. What would you do if you had no mortgage?

Now picture what can and is happening to many. This time let's use the exact same senario with what is called the Money Merge Account program. That same $150k loan would be paid off in 10.8 years and would save more than $120,000 in interest and includes any and all costs associated in the transaction. Now that a Double WOW!!

Just to help you appreciate how powerful this is. Say now, that this home is paid off, free and clear. Take the previously existing monthly note paid on this home and now invest it at 2%, 4% or even 6% for the balance of 30 years. In this case it would be 19.2 years. What a return it will create for that homeowner!

Get more information at www.u1stfinancial.net/yearsoff

Contact me at your earliest convenience.