Friends:
Please take a moment to educate yourself on the advantage of restructuring this payment. Here is the actual cost of a 30 year fixed mortgage.
- If you hold 6% mortgage for 25 years, the effective rate is 9.43%
- If you hold 6% mortgage for 20 years, the effective rate is 14.82%
- If you hold 6% mortgage for 15 years, the effective rate is 24.16%
- If you hold 6% mortgage for 10 years, the effective rate is 43.48%
- If you hold 6% mortgage for 5 years, the effective rate is 102.00%
- If you hold 6% mortgage for 3 years, the effective rate is 580.00%
*Information provided by the Non-Profit Consumer Asher Institute @ www.asherinstitute.org
Exploring an options mortgage can literally save you thousands of dollars over the first 12 years of your loan.
I will be glad to send you the real numbers and information on how to pay the loan off sooner at the same payment...and get mortgage free. Join the many families we have already helped get mortgage debt under controll!
John Killeen
Mortgage Consulting

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