Jamie McIntyre says in his e-Book “What I Didn’t Learn At School But Wish I Had” that if you are a home owner “you can literally cut your mortgage term in half” by following a simple but effective strategy that he sets out in the book. He says that “Consistently following this strategy will enable you to pay off a 30-year mortgage in 15 years.” You can find this strategy on page 128.
As Jamie says, “This is a powerful strategy for saving a tremendous amount of money on your interest payments and cutting the term of your mortgage in half.” and we strongly encourage you to think about using it. And the only thing you need to be able to follow the strategy is an amortisation schedule. An amortisation schedule shows you how much of your monthly payment is interest and how much is principal for each month of the mortgage.
You should be able to get an amortisation schedule from your lender but we just received a message from one person wanting to follow this strategy who said “I’m following Jamie’s advice to prepay the principal portion of my mortgage payments but my lender refuses to supply an amortisation schedule. What should I do?”
Absolutely the best place to get an amortisation schedule is from your lender. However, if you cannot get an amortisation schedule from your lender, we can offer you an alternative … We have put an amortisation schedule calculator on our website just for your use.
So, if you wish to cut your mortgage in half using this strategy and cannot get an amortisation schedule from your lender, then please make use of our calculator. We hope you find it useful.
The link you need to get to the amortisation schedule calculator is http://www.InvestmentSuccessNow.com/amortisation.html.
To get a copy of the free e-Book, go to http://www.InvestmentSuccessNow.com/freeebook.html.
Let us know how you get on with the calculator.
Ian
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