How Much Are You Overpaying Your Lender

How much are you overpaying your lender?

By: Russ Whitney
CEO Whitney Information Network, Inc.

I want to help you discover how much you can save by simply adding a bi-weekly mortgage reduction plan to your New or Existing Mortgage.

If you are one of the tens of millions of Americans with a 30-year mortgage, which most have, do you realize how much you're paying your lender in interest charges?

Let’s say you borrowed $100,000 at 8.5%! Do you realize that you'll end up paying (you better be sitting down) $176,813.55 in interest alone PLUS the $100,000 you borrowed originally for a grand total of $276,813.55.

With a biweekly payment plan, you would not only reduce the term by 7 years, 4 months, you'd pay only $126,163.02 in interest - a savings of $50,650.53

Now, listen to this, and again, be seated!

After you’ve paid your lender for 10 years, you would have paid a total of $95,237.31 in total mortgage payments.

Of that amount, an ASTOUNDING $84,446.73 goes directly toward your interest payment!

And only $10,532.69 of your total payment is applied to your principle.

That doesn't sound very smart does it?

So in plain terms, you have worked very hard for the past 10 years of your life, and most of your paycheck each month was spent on mortgage interest! Now that stinks.

Are you ready to truly change your financial position and stop overpaying your lender?

FACT: On a conventional 30-year mortgage, you'll make over 80 unnecessary payments! Use our FREE biweekly mortgage calculator to create your personal savings report!

Homeowners all across America are beginning to realize that it's smart to accelerate the payoff of their home loan...rather than throw away your hard earned dollars on excessive interest charges, simple add a biweekly mortgage reduction plan to your current mortgage.

How can we help?

With the Mortgage Payoff Acceleration Program (MPAP) it allows you to cut the amount of interest you pay on your mortgage and build equity up to three times faster. It's the perfect way to pay off your loan sooner while increasing equity and reducing interest expense.

Here's how it works:

Every two weeks, one-half of your monthly payment is electronically transferred from your bank (depending upon the state you live in) to either a trust account held at two of America's largest consumer banks, CitiBank and Bank One (or assigns or successors), or a new checking account established in your name at Cape Coral (Florida) National Bank. Once a month, one week prior to the due date, the monthly payment is automatically sent to the mortgage lender.

Through this method, 26 payments are made over the course of the year, the equivalent of 13 monthly payments rather than 12. All of the extra payment is applied exclusively toward a reduction in the principal of the mortgage.

It’s as simple as that!

FACT: During the first six years of a mortgage, you are paying almost all interest!

Where are you going to spend your savings?

Have you ever wanted a New Luxury Car? Do you want to retire early? Do you want to be debt free? By enrolling in the MPAP biweekly mortgage reduction program, your dreams can become reality. The accumulated savings that you can achieve with the Biweekly mortgage program, will give you a brighter future!

EquityCorp. Mortgage Payoff Acceleration Program has been savings Homeowners MILLIONS; no, they have been saving Homeowners BILLIONS in unnecessary interest expense . . . since 1985! When you enroll on the MPAP, you'll be working with the largest biweekly mortgage program in the industry!

Signature Russ Whitney

FACT: Statistics show that less than 3% of all homeowners make any kind of consistent pre-payment on their own.

By enrolling on the MPAP mortgage reduction program, it will allow you the consistent discipline to achieve your greatest savings!

It's easy to enroll in the EquityCorp.
Mortgage Payoff Acceleration Program (MPAP)

To Find Out How Much You Can SAVE
Click Here
Or Call 1-800-469-5547 to Enroll

Let EquityCorp. show you how to save a personal fortune with the bi-weekly Mortgage Payoff Acceleration Program (MPAP).