[no_such_reality]

WITHOUT YOU SPENDING EXTRA MONEY (

Because they call it “budget”.

Go to 4:02 of Part 2 from your initial links.

Average Income: $6037.50
Average Expenses $3431.25
Mortgage Payment $1453.76
Average Budget: $1152.49

Average Budget is disposable income used to “budget” and prepays the loan balance. It isn’t “spent” because they say it’s still available as HELOC.

Real simple, it’s an extra Prepay to the outstanding balance.

[no_such_reality]

WITHOUT YOU SPENDING EXTRA MONEY (

Because they call it “budget”.

Go to 4:02 of Part 2 from your initial links.

Average Income: $6037.50
Average Expenses $3431.25
Mortgage Payment $1453.76
Average Budget: $1152.49

Average Budget is disposable income used to “budget” and prepays the loan balance. It isn’t “spent” because they say it’s still available as HELOC.

Real simple, it’s an extra Prepay to the outstanding balance.

[no_such_reality]

Now I’m really skeptical – I’d want to see some examples before I spent any money on the software

I’ve seen at least four of them. Let me repeat they don’t save you money.

They rely on one simple assumption. That assumption is you have excess disposable income each month above your bills. They apply that entire extra amount to “paying off” the mortgage and carry a big “safety cushion” on an HELOC. Wallah, like magic, the demo pays the loans off years as in a decade plus early.

In the end, the demo is really simple, each month, the borrower is making an extra $1000 or more pre-payment. Period. End of discussion. Take away the extra prepayment and you don’t pay it off early. Make the demo so your bills equal your income and the balance will go up until you trip the loan caps and it straight lines you to an early payoff with a minor little footnote saying ‘larger payments may be required’.

If you have the extra income, just prepay and get an credit card with a fat credit line for emergencies. No extra cost.

[no_such_reality]

Now I’m really skeptical – I’d want to see some examples before I spent any money on the software

I’ve seen at least four of them. Let me repeat they don’t save you money.

They rely on one simple assumption. That assumption is you have excess disposable income each month above your bills. They apply that entire extra amount to “paying off” the mortgage and carry a big “safety cushion” on an HELOC. Wallah, like magic, the demo pays the loans off years as in a decade plus early.

In the end, the demo is really simple, each month, the borrower is making an extra $1000 or more pre-payment. Period. End of discussion. Take away the extra prepayment and you don’t pay it off early. Make the demo so your bills equal your income and the balance will go up until you trip the loan caps and it straight lines you to an early payoff with a minor little footnote saying ‘larger payments may be required’.

If you have the extra income, just prepay and get an credit card with a fat credit line for emergencies. No extra cost.

[no_such_reality]

Now I’m really skeptical – I’d want to see some examples before I spent any money on the software

I’ve seen at least four of them. Let me repeat they don’t save you money.

They rely on one simple assumption. That assumption is you have excess disposable income each month above your bills. They apply that entire extra amount to “paying off” the mortgage and carry a big “safety cushion” on an HELOC. Wallah, like magic, the demo pays the loans off years as in a decade plus early.

In the end, the demo is really simple, each month, the borrower is making an extra $1000 or more pre-payment. Period. End of discussion. Take away the extra prepayment and you don’t pay it off early. Make the demo so your bills equal your income and the balance will go up until you trip the loan caps and it straight lines you to an early payoff with a minor little footnote saying ‘larger payments may be required’.

If you have the extra income, just prepay and get an credit card with a fat credit line for emergencies. No extra cost.

[no_such_reality]

Now I’m really skeptical – I’d want to see some examples before I spent any money on the software

I’ve seen at least four of them. Let me repeat they don’t save you money.

They rely on one simple assumption. That assumption is you have excess disposable income each month above your bills. They apply that entire extra amount to “paying off” the mortgage and carry a big “safety cushion” on an HELOC. Wallah, like magic, the demo pays the loans off years as in a decade plus early.

In the end, the demo is really simple, each month, the borrower is making an extra $1000 or more pre-payment. Period. End of discussion. Take away the extra prepayment and you don’t pay it off early. Make the demo so your bills equal your income and the balance will go up until you trip the loan caps and it straight lines you to an early payoff with a minor little footnote saying ‘larger payments may be required’.

If you have the extra income, just prepay and get an credit card with a fat credit line for emergencies. No extra cost.

[no_such_reality]

Ucodegen, I’m not a rep nor do I have any interest in this program.

Bunk, you use the exact same sales junk that’s been posted to most of the blogs at least 3 or 4 times each.

Most of these blow up the same way, if you don’t have extra cash left over at the end of the month, it takes longer and requires larger payments to actually pay off the loan.

[no_such_reality]

Ucodegen, I’m not a rep nor do I have any interest in this program.

Bunk, you use the exact same sales junk that’s been posted to most of the blogs at least 3 or 4 times each.

Most of these blow up the same way, if you don’t have extra cash left over at the end of the month, it takes longer and requires larger payments to actually pay off the loan.

[no_such_reality]

Ucodegen, I’m not a rep nor do I have any interest in this program.

Bunk, you use the exact same sales junk that’s been posted to most of the blogs at least 3 or 4 times each.

Most of these blow up the same way, if you don’t have extra cash left over at the end of the month, it takes longer and requires larger payments to actually pay off the loan.

[no_such_reality]

Ucodegen, I’m not a rep nor do I have any interest in this program.

Bunk, you use the exact same sales junk that’s been posted to most of the blogs at least 3 or 4 times each.

Most of these blow up the same way, if you don’t have extra cash left over at the end of the month, it takes longer and requires larger payments to actually pay off the loan.

[no_such_reality]

It’s a nice loan, with interest only, the payment is around $2400. Not including taxes and insurance.

When it recasts in 10 years… it basically turns into a 30 years fixed at 6.1% making the payment a touch under $2900.

At the income limit, the DTI front end is 33%. That doesn’t leave much for other debt however the income limit, being in California, it’ll greatly help on taxes moving his expense for the next ten years to about $2000/month after taxes.

As long as he’s close to that for comparable rent, he’s good. He’s not having to move every couple years. His rent doesn’t go up an annoying $75/month every year. In ten years, the market will be different.

[no_such_reality]

It’s a nice loan, with interest only, the payment is around $2400. Not including taxes and insurance.

When it recasts in 10 years… it basically turns into a 30 years fixed at 6.1% making the payment a touch under $2900.

At the income limit, the DTI front end is 33%. That doesn’t leave much for other debt however the income limit, being in California, it’ll greatly help on taxes moving his expense for the next ten years to about $2000/month after taxes.

As long as he’s close to that for comparable rent, he’s good. He’s not having to move every couple years. His rent doesn’t go up an annoying $75/month every year. In ten years, the market will be different.

[no_such_reality]

It’s a nice loan, with interest only, the payment is around $2400. Not including taxes and insurance.

When it recasts in 10 years… it basically turns into a 30 years fixed at 6.1% making the payment a touch under $2900.

At the income limit, the DTI front end is 33%. That doesn’t leave much for other debt however the income limit, being in California, it’ll greatly help on taxes moving his expense for the next ten years to about $2000/month after taxes.

As long as he’s close to that for comparable rent, he’s good. He’s not having to move every couple years. His rent doesn’t go up an annoying $75/month every year. In ten years, the market will be different.

[no_such_reality]

Instead of sleeping and watching TV, they can work inspecting properties and doing other prevention jobs that are neglected under their 24hr shifts.

Not to mention getting rid of the frat house atomsphere and subsequent lawsuits. I too vote for the fire fighters to work regular shifts.

[no_such_reality]

Instead of sleeping and watching TV, they can work inspecting properties and doing other prevention jobs that are neglected under their 24hr shifts.

Not to mention getting rid of the frat house atomsphere and subsequent lawsuits. I too vote for the fire fighters to work regular shifts.

[Author]

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