Tuesday, August 26, 2008

DO YOU OWN YOUR HOME?

Most homeowners realize they will pay about twice the purchase price of their home on a traditional mortgage—a mortgage that will take about 30 years to pay off.

Introducing a way to break that cycle of financial drain—the Money Merge Account™ system.

Developed by a team of financial experts with years of experience in the mortgage industry, the Money Merge Account system rapidly reduces the principal of your mortgage, helping to reduce the interest on your loan.

Your mortgage can now be paid off in as little as 1/2 to 1/3 the time, with little to no change to your lifestyle or refinancing of your existing mortgage.

The Money Merge Account system is not a bi-weekly payment or debt roll-down system. It’s a powerful new approach that gives homeowners flexibility with their money and accelerated financial freedom.

A side-by-side comparison of a traditional mortgage repayment shows the savings potential using the Money Merge Account system vs continuing to make standard mortgage payments.

A 30-year, $136,000 mortgage at 5.25%, when paid through conventional monthly payments, will result in a 30-year total repayment of $270,784 – nearly twice the cost of the home.

The Money Merge Account program can help repay the same mortgage in 11.3 years with a total repayment of $181,217. An incredible savings of $89,566 is realized on the same income, with the same mortgage, at the same interest rate, with little to no change to your standard of living.

The Money Merge Account system is simply one of the fastest ways to repay a mortgage and be on your way to financial freedom.

Want more information about the Charlotte area real estate market? Check out www.richferretti.com and click on "Do You Own Your Home"

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Charlotte North Carolina Real Estate Professional. Visit our site www.RichFerretti.com