My husband and I recently purchased a new home and it feels like we now have a 30 year monkey hanging on us. Not that we are financially struggling to make our mortgage payments, but as the biggest debt we have ever incurred (like most Americans), it would be nice to pay of the house in less the thirty years.
A good friend introduced us to the Money Merge Account, a mortgage payoff solution created by United First Financial. A web-based software program, the Money Merge Account enables homeowners to pay down the mortgage principal balance, reducing the interest that accrues on the loan, and thus allowing people to pay off their mortgage quicker.
With dedication and discipline in using the Money Merge Account, a mortgage can be paid off in as little as eight to twelve years. Now, I don’t know any homeowner that wouldn’t like the sound of that!