Question: If you want to drain your savings into your mortgage, why do so using an accelerator program to begin with? Why not just pay down your principal without the program?
At any case, from your posting, it seems to suggest you're considering draining a good portion of your savings into your home. You have less emergency cash on hand, in this economic climate to me seems pretty risky….. If you're planning to tap your home equity, what if refinancing isn't an option at that point? (at least qualify for a heloc now while your still employed and home values are at the level they are now).
