Money Merge Account vs a Bi-weekly payment plan or a 15 year Mortgage:
If you had a 30 year, $200,000 mortgage at 6%, with a $1,199 monthly payment - which option would you choose?
$200,000 Mortgage
30 Year Mortgage
Bi-Weekly Plan
15 year Mortgage
Money Merge Account
Payment Total Interest Paid Payoff Term
$1,199 / Month $231,277 30 Years
$599.55 / 2 weeks $182,053 24.5 Years
$1,714 / Month $108,671 15 Years
$1,199 / Month $70,449 10.4 Years*
$400,000 Mortgage
$2,398 / Month $463,354 30 Years
$1,199 / 2 weeks $364,105 24.5 Years
$3,375 / Month $207,577 15 Years
$2,398 / Month $190,001 13.8 Years**
* Based on $5,000 Monthly Income - $4,000 Monthly Expenses = $1,000 Discretionary Income ** Based on $6,000 Monthly Income - $4,800 Monthly Expenses = $1,200 Discretionary Income
Bottom Line Results