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How would you like to have an extra $50,000 to live the life you desire? What about an extra $100,000? If you’re buying a home and you think that amount of money wouldn’t possibly make its way into your personal bank account, then think again. When you use the right strategies and be proactive, you can accumulate more cash than you’ve ever dreamed you’d have. Simply by making some alterations in the type of mortgage you have, the percentage points you pay, and the length of the mortgage payback period you select, you’ll be able to save thousands of dollars. Raise Your Credit Score Choosing Your Mortgage Term Making Extra Payments Toward Your Mortgage Quick Tips To Save Real Money On Your Mortgage How Much Can You Bank? Using Online Calculators Be proactive by putting the knowledge you’ve learned from this guide into practice. Take control of your mortgage payments and discover the life that you deserve!
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An Interesting Dilemma… • How would you like to have an extra $50,000? • What about an extra $100,000? • What would you do with all that extra cash?
The Savings Are YoursFor The Taking Your mortgage set-up offers you tangible opportunities to live the life you seek. • Simply by making some alterations in: • the type of mortgage you have • the percentage points you pay • and the length of the mortgage payback period you select • You’ll be able to save thousands of dollars.
"Money will come when you are doing the right thing." ~ Mike Phillips
“If you do what you've always done, you'll get what you've always gotten.” ~ Tony Robbins
Making Extra Payments Toward Your Mortgage “How am I going to come up with the money to pay an extra mortgage payment?”
Strengthen your financial situation by applying these strategies.
Mortgage Savings – Quick Tips • Obtain the shortest mortgage term you can afford. • Fight tooth and nail to obtain the lowest percentage points possible. • Be leery of adjustable rate mortgages (ARMs). • Set up bi-weekly payments rather than monthly. (About half a payment every 2 weeks.)
Mortgage Savings – Quick Tips • Pay at least 1 extra payment annually. • Combine 2 mortgage payment strategies to save big. • Avoid including closing costs in your mortgage. • Apply all extra payments to the principal. • Avoid mortgages with early pay-off penalties.
How Much Can You Bank?Illustration #1$100,000 Mortgage at 4% Interest
How Much Can You Bank?Illustration #2$100,000 Mortgage at 6% Interest
How Much Can You Bank?Illustration #3$200,000 Mortgage at 4% Interest
How Much Can You Bank?Illustration #4$200,000 Mortgage at 6% Interest
If you could save nearly $50,000 by paying one extra payment a year, would you do it?
Customize Your Results With Online Calculators • Bankrate.com • Bloomberg.com • CGI.Money.CNN.com • Kiplinger.com • Mortgagecalculator.net • Realtor.com
Be proactive in managing your mortgage and it will serve you well.A strong financial future awaits you!
We hope you enjoyed your Special Report! Curtis Roese is an experienced professional with extensive experience in personal finance and small business matters. Curtis writes and publishes articles, courses, guides and special reports on his personal finance blog. Common Cents Wisdom is a website with hundreds of informative articles, special reports, resources to assist you with all of your financial concerns and a free monthly newsletter. Sign up to receive your free eBook "Common Cents" and get started today on the road to financial freedom!
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