Let's say you are paying off a $100,000 mortgage at 10% fixed interest over 30 years. At the end of those 30 years, you will have paid the bank a total of over $316,000! That's $216,000 of your hard-earned money that went straight into your bank's vault!!
Let's look at those figures again. You have just paid back more than $3.00 for every $1.00 you borrowed! In fact, what most folks don't realize is that they are paying their bank, on average,
$3.00 for every $1.00 they borrow over the life of their typical 30 year home mortgage.
And to make matters worse, in the above example, almost all of your payments go towards interest expense - over $216,000 to be exact.
Absurd isn't it? I'm sure you could come up with a few ways to put all that "lost" money to good use, right? So, you ask, can banks legally do this? The answer: they sure can. They've been doing it for ages and will continue to do so for as long as they can get away with it.
Can you do anything about it? Until you have the specific knowledge needed, you can't. But, as a result of David's uncovering this virtually undisclosed Banker's technique - NOW YOU CAN!
What this technique involves is a little-known Banker's "secret" called "Reverse Compounding" which allows you to apply and take advantage of the powerful banking principal of compound interest in reverse!
Applying this principal will allow you (or anyone) to achieve incredible $$$ savings an any type of current mortgage WITHOUT refinancing ... qualifying ... appraisals ... credit checks ... or real estate fees!
Sound too good to be true? Perhaps. But I can assure you of one thing - the THOUSANDS of dollars you'll be saving instead of throwing away is positively, absolutely 100% TRUE and REAL!
So, how can I help you save the thousands of dollars that you are entitled to?
That's easy...I'll perform a comprehensive computer "Mortgage Reduction Analysis" specifically customized to your existing mortgage situation. You'll receive a fully detailed, written report explaining this technique, two computer generated amortization schedules, the first showing your current payoff years (including the THOUSANDS of extra dollars in interest), and the second showing the exact THOUSANDS of dollars you'll be able to save using the technique described in the report.
Please don't confuse this method with those typical bi-weekly mortgage plans you hear about everywhere today. With this method, the savings are even greater, and unlike the bi-weekly plans (which, by the way, can cost you $500.00 or more to initiate) you can keep your current mortgage as is and there are absolutely NO expensive set-up fees of any kind!