How Would You Like to Pay off Your Home More Quickly?
But, while you have a loan, imagine being able to pay principle before you pay interest on that home loan. If I can show you a way to build equity faster, in a good or bad housing market, and save yourself thousands (most of the time hundreds of thousands of dollars on your home mortgage) and pay it off years earlier, would you be interested?
What if we can discuss getting rid of your mortgage by the time you are 50, 55 or 60? Would you be willing to listen?
I bet you would want to know if there was a home loan that didn’t come with a preset amortization schedule and let you, the homeowner, decide how quickly or slowly you want to pay off your mortgage, right? Well, great news. The All in One Loan will let you do just that… and a lot more!
The patented All in One Loan leverages your regular earnings by combining all your checking, home loan and home equity line accounts into one inclusive banking instrument. Until needed, deposited dollars (paychecks, idle cash, rental checks, etc.) are automatically applied to principle and take the form of liquid home equity, reducing the overall outstanding loan balance.
Every day that you keep your loan balance lower, the less interest you will pay… and each dollar in reduced loan balance could save you more in interest expenses than you’d otherwise earn in a traditional bank account.
With a traditional home loan, your principal balance stays constant all month long. Then it goes down a little when you make your mortgage payment. But, with the All in One Loan, your paycheck can drive your loan balance down right away. And even if you spend most of your paycheck during the month, the average daily balance of your new loan is lower. TIP - this is the key to this loan.
With the All in One loan, monthly interest is computed on your average daily balance which will save you a significant amount of mortgage expense compared to a typical 30 year fixed loan.
Less interest expense leaves more of your money to pay down the principal. In fact, the All in One Loan saves you interest two ways: First, the money you don’t spend stays in your account, keeping your balance lower, saving you interest. Second, the money you do need for expenses saves you interest while it’s sitting in your account waiting to be spent. Your interest savings roll over into the next month, in the form of a lower starting principal balance. And this effect compounds, month after month (compound savings).
This simple difference better leverages your cash flow, saving you thousands in interest charges over the next decade and beyond. Your funds remain completely liquid 24 hours a day 7 days a week for 30 years and when you need money, you access it from the All in One account just as you would from any other bank account through free online banking with unlimited check writing, ATM/Debit card and free online bill pay.
The All in One Loan is not a static obligation. It is a dynamic financial tool that helps you, the client, maximize the return on your personal cash flow. Clients and advisors are always trying to grow the asset side of their balance sheet, what about reducing or eliminating your debts for retirement? This home loan is meant to complement your current investment plan and guide you to retirement mortgage and debt free.
So, let’s have some fun… and make the banks a little angry at me for showing you how to keep thousands of your hard earned dollars in your own pocket and not on the banks profit sheets.
Think about the financial freedom you would have if you no longer had to write a mortgage check to the bank at the 1st of every month, yet had access to all that equity whenever you needed it… FOR ANY REASON!
Click here to see a Typical Client Scenario Or if you want to run a simulator to see how quickly you can payoff of your mortgage Click This Link.
Typical Client Scenario(you can follow along on the simulator with your own figures) Loans
- Client has an existing 30 year fixed loan of $500,000 and a rate of 4%
- Home is worth $750,000
- Current P&I payment - $2,387
- They have had to loan for 24 months
- They are not making any additional principle payments (remember, once you make an additional principle payment to your mortgage, you can't get that money back out unless you refinance again)
- They have no 2nd mortgage
- Husband makes $5,000 every 2 weeks (bi-weekly)
- Wife works part time and makes $3,000 a month
- No future lump sum deposits planned (this would only help pay off faster and save even more money)
- They no longer have a typical mortgage payment due the 1st of every month, however, they have a family, so they are only able to save 20% of their take home pay each month (percentage left over). To some of you, that might seem high, but remember, you are not going to write a check any longer for your mortgage payment every month.
In this scenario, staying consistent, the borrowers could have their mortgage paid off in 10.8 years and saved over $187,000 in interest charges from their typical 4%, 30 year fixed loan they are so happy with.
In order to save that much interest, they would have had to get a 30 year fixed loan at 2.08% (good luck with that, see effective rate below).