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The Mortgage Savings Coupon Program & Why

 

 

 

 

 

 

Here is how it works:

 

The Mortgage Savings Coupon Program combines modern computer technology and the banking secret of pre-paying $ money $ to the bank to save Hundreds of Thousands of $ money $!

 

 

Example:

 

Loan Amount: $300,000.00 (30 year P&I fixed payment)

Interest Rate: 6.75%

Monthly Payment: $1,945.79

  

 

Let's take a look at what will happen if you pay the "traditional" way:

 

 Number of YearsTotal PaidTotal Interest Paid (Bank's Profit)
You After 30 Years $700,484.40$400,484.40 

* The above hypothetical examples are for illustrative purposes only and not to be distributed to the general public. 

* The above hypothetical illustration could be more or less depending on the needs and wants of the client.

 

After 30 years:

 

You have paid a total amount of $700,485.94 for the privilege of borrowing $300,000.00. That is $400,485.94 of total interest paid given to the bank! That is 2.33 times the amount borrowed!

 

It will take nearly 21 years to reduce your mortgage to 1/2 the amount you originally borrowed. Why? Because less than 20% of your mortgage payments have been applied to principal after 15 years!

 

 

Lets take a look at what will happen if you use the MSCP:

 

 Number of YearsTotal PaidTotal Interest PaidTotal Saved (Your Profit)
You After 15 Years$431,246.95 $131,246.95 $269,237.45 

* The above hypothetical examples are for illustrative purposes only and not to be distributed to the general public.

* The above hypothetical illustration could be more or less depending on the needs and wants of the client. 

 

After 15 Years with the Mortgage Savings Coupon Program:

 

You paid off the mortgage in 15 years! That is $269,237.45 approximately saved and money going into the pocket! At the same time, you're building equity 374% more! You can increase your net worth substantially and retire debt-free!

 

 


 

 

By applying the Mortgage Savings Coupon Program into your current mortgage, not only will you be putting more money into your pocket, but you are also building equity faster than any real estate market boom in our history!

 
 
 
 Download the MSCP Survey-Form for a FREE computer
 analysis on your current existing mortgage!
 
 Questions?
 
 Contact us at
 213.388.5918 office | 213.388.5454 fax
 
 Direct assistance call
 626.340.5660

 

 E-mail to

 info@norefinance.com