Can Mortgage Cycling Builds Your Home Equity?
An comparison of two different mortgage reduction program in over the years:
Biweekly Mortgage VS Mortgage Cycling
Equity After 1 Year $1,520 $14,061
Equity After 3 Years $4,900 $44,972
Equity After 5 Years $8,787 $74,179
Equity After 9 Years $18,397 $136,429
The above results are based on a $150,000, 30-year mortgage at
7% interest using exact examples shown in my report.
The above illustration shows you the power of mortgage cycling can do for you. You can get to $40,000 equity very quickly with this plan.
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Mortgage Cycling - the best way to be mortgage free
who can take advantage of mortgage cycling
If you do have some surplus liqudity in your bank, you do not have to do anything to your current mortgage and be able to build a fast growing equity in your house in a very short period of time.
If you have heard biweekly mortgage reduction program, you already familiar with the concept of reducing your mortgage payment. However, biweekly mortgage reduction only allows you once a year extra payment applying to your equity, you can see the comparison chart at the beginning of this lens and see how powerful that mortgage cycle can be.
The beauty of mortgage cycle is that it is independent of the economical cycle, mortgage type and whether you are knowledgable about mortgage or not.
If you want to get to know more about the mortgage cycle and patent pending finding of how to use mortgage cycle creatively, you can click the banner below:
Get more detailed information about mortgage cycle
start to save money today!
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