July 23, 2024


Mad about real estate

Mortgage Amortization Schedule – Learn to Save 84 Percent Interest With an Effortless Method

There is a major misnomer with people’s mortgage amortization schedule that cost Americans billions of dollars every single year. If you understand how to take advantage of it however, you can literally save tens of thousands of dollars in interest per year.

This deception in our mortgage amortization schedule is perpetuated by the banking industry to make profits and they have won the battle for the most part.

To start, let’s look at how they calculate the interest on our mortgage amortization schedule. See, there’s no such thing as a ‘fixed’ rate. And actually, the rate is MUCH higher for most of us. It doesn’t even matter if the mortgage amortization schedule shows a fixed monthly payment and the rate they tell you is fixed. It’s still an adjustable interest rate that intentionally blocks you from from paying off your mortgage and stretches out the mortgage amortization schedule for much longer than it ever should.

For example, let’s use a 6{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4}, $150,000 loan with a 30 year mortgage amortization schedule.

Calculations with expose that 82.9{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4} of every dollar of your payments go to pure interest in the first year. The interest rate will change and adjust based on where you’re at in the mortgage amortization schedule.

This is crucial in order to take advantage of the “Mortgage Loophole” and restructure you mortgage amortization schedule naturally.

In the 15 year of the mortgage amortization schedule, $160,000 would have been forked out in monthly payments. THIS IS MORE THAN THE ORIGINAL LOAN AMOUNT, and yet over 70{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4} of the mortgage is still yet to be paid!

In the 19th year of the mortgage amortization schedule you’d still pay about 50{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4} interest your mortgage payments. Don’t think you can get out of this by refinancing. That only makes it worse, even if it’s a much lower rate.

You’d think you’d be through the toughest part of the mortgage amortization schedule after 21 years, but, you’d only be half way through the mortgage amortization schedule. And, at this point in the mortgage amortization schedule principle payments have lost most of their interest saving power.

It seems fair to say that lenders have the mortgage amortization schedule skewed in their favor quite a bit. It’s definitely not an accident.

Banks know people keep their loan for an average of 5-7 years and if they keep it for 30 they usually try to pay down the principle when they can. This is why they front load the interest in your mortgage amortization schedule. That 6{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4} interest rate only applies if you trudge through the entire 30 years and they make sure your principle payments do less and less as time goes on.

Our mortgage amortization schedule is basically a giant wealth destroying liability. It MUST be restructured if any of us hope to salvage our wasted finances and hard work of getting through our mortgage amortization schedule. 7

SO, you’ll need to see how the mortgage amortization schedule loop hole and timing concept works.

I read a lot what others have to say and no one seems to understand this about the mortgage amortization schedule. They confuse it every time, but you can utilize it effortlessly just by following The Mortgage Loophole Report

People have been cutting over 84{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4} interest out of their mortgage amortization schedule and paying off their homes 7x quicker with that report.