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just paying half your mortgage payment every two weeks, you end up
making 26 half payments a year. That adds up to a full extra payment
each year. During the first ten years of a typical mortgage, 85% of
your payments are applied to interest. However, on the bi-weekly
program, this extra payment is totally applied towards reducing your
principal balance. The amount of interest this saves you over the
life of your loan is simply staggering. Since most people get paid
weekly or bi-weekly, they find paying their mortgage this way to be
more convenient and better for their budget.
With most
traditional monthly mortgages, you write a check once a month, then
mail the check along with a coupon to your lender. You mail it early
enough so that it will arrive and be processed before your due date
to avoid late payment penalties. You do this month after month for
the term of your loan (usually 30 years).
When you enroll into the Interest Minimizer, we do most of the
work
for
you! Your bi-weekly payments are automatically deducted from your
account every week, bi-weekly, or semi-monthly. To safegauard your
transactions, the funds are handled by a Federally Regulated
Commercial Bank contracted by NBA to safeguard your transactions.
They then make your monthly payments to your lender for you, on
time, every time. And since the Interest Minimizer program works
WITH your existing mortgage...you don't have to refinance or change
your loan or lender to get all the added savings.
In a
year's time, we will have made 26 withdrawals (52 on the weekly
plan) and paid your Lender the equivalent of 13
monthly payments. This extra payment will go directly toward your
principal, and as a result, you will
eliminate 6-10 years off your 30 year
mortgage!
 We
do the work for you. You don't have to hassle with sending in checks
and coupons. And, you don't have to worry about late payment
penalties.
When you enroll, there is a minimal setup fee. There is a standard
$1.95 weekly transfer fee or $3.50 bi-weekly transfer fee to cover
processing charges.
Could you do this yourself? Yes, but by enrolling in our Interest
Minimizer program, you will have the simplicity of smaller payments.
It is automatic, easy, and 100% successful.
You will save thousands of dollars
and pay off your loan years sooner!
Better Than Savings!
 When
you borrow money, you traditionally PAY 3 to 6 times more in
interest than you would EARN on savings or investments. Example: Put
$100,000 in savings at 1.5%, and you will only earn $1,500 a year in
interest. Borrow that same $100,000 at 6%, and it will cost you
$6,000 a year in interest.
These numbers make it clear that any money you put into reducing your
mortgage gives a rate of return on your investment 3 to 6 times
greater than that offered by your savings. That's why the Interest
Minimizer makes such sound financial sense.
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For more information, or to enroll in the
Interest Minimizer, please call
888.802.1296. |
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