MFN Network
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Breathe Life Into Your
Pledge of Death! (Mortgage)
Accelerate the Mortgage!
Remember, the word "mortgage" literally means pledge of death.
If you own a $2,000,000 (2 Million) home or a $300,000 home, the principles are the same. Many homeowners are rapidly decreasing their mortgages in many ways. We at MFN have been advising owners to do this since the early 1990's. There are many ways to do this, and we will show you how. You can accelerate your 30 year mortgage to be paid off in 22 years, or 15 years, or even 7-10 years. The funds that you save when your mortgage is gone then can flow into money market accounts, other investments and vehicles which drive your net worth.
MFN uses several cutting edge ways to accelerate mortgages. Some are common sense, and some are quite unique. The principle of amortization can be challenged and over-ridden by the principle of quick mortgage pay-off.
A $500,000 30 year mortgage at 7% has a payment of $3946. including tax and insurance. If you could use a system to pay it off in 9-12 years, then you would save approximately 18 years of that monthly payment. The P&I (Principal & Interest) is $3326. So 18 years x 12 months = 216 payments x $3326 is $718,416. You saved $718,416 in monthly payments. If you then invested the saved payments at the end of your mortgage at the end of the 12th year at just 3% annual return, you'd have $959,118 in investment at the end of your supposed 30 year loan.
Imagine turning your home mortgage into about a million dollars in the bank.
Make your home the asset it is supposed to be, and not the current liability it is.
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