Uncovering The Myth Of Traditional Mortgages…

Uncovering The Myth Of Traditional Canadian Mortgages Involves Clarifying A Few Key Points.

Mortgages Consist Of Two Main Components: Borrowed Capital And Mortgage Interest. There Are Other Factors Such As Time, Period, Amortization Schedule, And Mortgage Flexibility.

Fact: If You Borrowed $600,000 From Your Preferred Lender, You Have No Choice But To Pay It Back; Like All Loans.

There Is No Way Around Or Circumventing This Fact. To Finish Off This Point, A Loan Or Mortgage Is Labelled As Debt Financing, Therefore, It Is Not A Grant. The Second Component, Mortgage Interest, Is Where We Perform And Excel, As All Strategies Claim To Have The Best Solution.

Hint: If You Paid Your Mortgage Every Two Weeks Instead Of Every Month, You Would Shorten Your Original Mortgage Schedule By Just Under Four Years.

Not Bad For Simply Paying More Frequently. Would You Like To Know Why? DM Me On Linkedin, Facebook Business Or Email Me.

The Math Of This Strategy: If Your Mortgage Payment Were $3,000 A Month, You Would Save Yourself $144,000 In 4 Years. The Formula Is $3,000 Mortgage Payment X 12 Months X 4 Years = $144,000 Of Saved Payments. Not Bad. Imagine $144,000 In Your Investment Accounts Working For You Or The Downpayment Of A Rental Property.

There Are Multiple Mortgage Reduction Strategies In The Market, Some Are Quite Expensive And Labor-Intensive (Movement Of Money Between Accounts), And Then There Are Some Solutions That Adopt A Set-It-And-Forget-It Strategy.

This Is Where Our Software, The Mortgage Eliminator™ Excels. Here Is A List Of The Top 7 Mortgage Quick-Pay Strategies:

1) Bi-Weekly Payments

2) 10% Principal Top-Up Annually

3) Refinance Your Existing Mortgage Or Secure A New Mortgage For A Better Rate

4) Switch From A Traditional Mortgage To A Line Of Credit Facility

5) Move Money Between Multiple Debt Instruments, Such As Credit Card/Line Of Credit

6) Purchase Costly Software To Create A Revised Schedule

7) Purchase A Cost-Efficient Strategy Which Saves You Both Money And Time.

We Are Not Here To Criticize Any Of The Above Quick-Pay Strategies, But To Bring Attention To The Fact That You Do Not Have To Stick To Your Lender's 25-Year Schedule; You Can Be Proactive And Do Something About It. Our Preferred Strategy Is The Mortgage Eliminator™ Software.

This Software Creates A Revised Mortgage Schedule To Pay Off The Mortgage In 12.5 To 15 Years, Saving $100,000 - $150,000 Or More* In Wasted Interest. The Mortgage Eliminator™ Software Requires Three Data Points And Will Reveal The Amount Of Money You Can Save And Your Mortgage-Freedom Date. The ONLY Info We Need Is Your Current Mortgage Balance, Interest Rate, And The Number Of Years Left On Your Mortgage.

The True Measure Of Success Is A Solution That Has Minimized Steps, Is Simple To Understand, And Can Be Easily Executed With A Backdoor Or Stall Function** Without Affecting The Success Of The Overall Strategy. (**Built-In)

In Summary, Paying Off Your 25-Year Mortgage In 12.5 - 15 Years Should Not Be Labor-Intensive; It Should Provide Provable Results And Demonstrate Measurable Success. If You Asked Any Homeowner, "Who Would Like To Be Mortgage-Free Sooner, Saving $100,000 - $150,000 Of Wasted Mortgage Interest?" Anyone With A Mortgage Will Provide You With A Unanimous Answer: Of Course, 100% Yes. Especially, if We Can Re-Direct Your Savings To Build Personal Wealth.

Achieving Mortgage Freedom Is Great, However, Saving A Great Deal Of Money Is Fantastic; The Mortgage Eliminator™ Software Will Open Financial Opportunities Not Previously Thought Were Possible…

For More Information Or To Discuss The Mortgage Eliminator™ Software, Email Me At riyadm@themoneycafe.ca Along With Your 3 Data Points: Your Current Mortgage Balance, Interest Rate, And How Many Years Are Left On Your Original Mortgage. (*Results Varies With Each Mortgage/Client Profile)

PS. The Money Cafe Owns The Software To Eliminate Your Mortgage. We Are Not Licensed Realtors or Mortgage Agents. We Are Not Solicitating Purchasing Real Estate, Or Funding Mortgages...We Are Providing An Analysis Between A Traditional Mortgage and Our Eliminate Your Mortgage Comparative Analysis...