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January 18, 2008

Comments

JimmyDaGeek

I want to congratulate you on your forthrightness regarding your investigations into mortgage acceleration products like MMA and CMG HOA. You came to the correct decision that if a person wanted to pay off their mortgage, the simplest way to do it is to send in extra principal every month. There are many Internet calculators that will tell you what your interest savings and payoff period will be.

Mortgage payoff products can be used as a last resort if a person isn't disciplined enough to send in the money on their own. These products act as a financial dashboard showing a person how each dollar spent affects their projected interest savings and payoff date. It is an expensive tool to say the least.

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About Author

  • Robert D. Ashby
    was the first Certified Mortgage Planning Specialist in the state of Florida. He is also the owner of Solid Rock Mortgage Corporation in Pembroke Pines, FL and a pilot for American Airlines.

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