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[M647]Mortgage Calculator Bi Weekly
by John Wetmore, Joh
Enrolling in Auburn Equity’s bi-weekly mortgage program will far outweigh the benefits of your lenders biweekly program for a many reasons, the largest is that we have lifetime enrollment, meaning if/when you refinance, buy a new home or your lender just sells the note, we do not charge ANY additional fees to stay enrolled in the program. Where as if you sign up with your current lender, then refinance, you will have to enroll with your new lender and pay additional fees. With our program, you just call customer service after refinancing or purchasing new etc. and we make the payment changes.
Bi-weekly payments using our Equity Building system, is the process of dividing a borrower's payment into half making and making that payment every 2 weeks. In a year, a borrower has will make 26 half payments or 13 full payments instead of the usual 12. So, if you have a house mortgage of 30 years, acquiring this kind of method would lessen the payment duration into 23 years. So just imagine how much money you can save given this kind of payment scheme. You would no longer have to endure 30 long years of payment since this kind of program will help you lessen the years of paying off your loans.
You probably receive letters on a regular basis from your current lender trying to get you to enroll in their program. I can imagine they probably want to charge you up front fees. With Auburn Equity’s Mortgage Savings Program, there are no up front fees to enroll. There is only a 1 time, lifetime enrollment fee of one biweekly payment, and this is taken from your savings. So as we described earlier, you make 26 half payments yearly, well in year one we apply 25 of them. Then in EVERY year thereafter we apply the full 26 half payments for the rest of your life. We do not want to overcharge you, or make you pay enrollment fees for every mortgage you ever obtain. Your closing costs are already high enough, so we are here to reduce that burden.
With our biweekly program you will never have to worry about making on time mortgage payments again. All your future payments will be deducted via ACH from your checking or savings account. This method is highly regulated by the Federal Government and consumers have great protection with ACH transactions, this is w why Auburn Equity has decided to use this method for the client transactions. All funds are held in insured accounts and we do not use your funds to invest, they are strictly held to pay your mortgage.
Many people want to know why they have to pay any fees to enroll in a biweekly program, or ask if they can do it themselves. Well, of course you can do anything you want yourself, but we are here to provide a service to those who either don’t want to or don’t have the discipline to do this on their own. With our automated bi-weeky program, you will never have to worry about if your mortgage is paid on time, or if you have extra money to apply towards principal. You can forget about all that and save 7-10 years and $50,000, $100,000 or more in interest, depending on your loan terms. You could wash your own car, but most of us pay to have it washed for convenience. The small fee associated with our bi weekly program is well worth it, considering your mortgage is typically your largest investment in your lifetime.
On the average mortgage size of $200,000 at 7% interest you would have an interest savings of $69,728.03 and pay off your loan in 23.5 years, saving 78 payments. What could you do with an extra 78 mortgage payments that you get to keep in your pocket? Retire younger, travel the world anything you wanted!! Contact us to enroll in our biweekly program today or you can go onto our website at www.AuburnEquity.com and calculate your savings, just click on the "Savings Calculator" tab.
Auburn Equity Management, Inc
866-563-9090
inquiry@auburnequity.com

Enrolling in Auburn Equity’s bi-weekly mortgage program will far outweigh the benefits of your lenders biweekly program for a many reasons, the largest is that we have lifetime enrollment, meaning if/when you refinance, buy a new home or your lender just sells the note, we do not charge ANY additional fees to stay enrolled in the program. Where as if you sign up with your current lender, then refinance, you will have to enroll with your new lender and pay additional fees. With our program, you just call customer service after refinancing or purchasing new etc. and we make the payment changes.
Bi-weekly payments using our Equity Building system, is the process of dividing a borrower's payment into half making and making that payment every 2 weeks. In a year, a borrower has will make 26 half payments or 13 full payments instead of the usual 12. So, if you have a house mortgage of 30 years, acquiring this kind of method would lessen the payment duration into 23 years. So just imagine how much money you can save given this kind of payment scheme. You would no longer have to endure 30 long years of payment since this kind of program will help you lessen the years of paying off your loans.
You probably receive letters on a regular basis from your current lender trying to get you to enroll in their program. I can imagine they probably want to charge you up front fees. With Auburn Equity’s Mortgage Savings Program, there are no up front fees to enroll. There is only a 1 time, lifetime enrollment fee of one biweekly payment, and this is taken from your savings. So as we described earlier, you make 26 half payments yearly, well in year one we apply 25 of them. Then in EVERY year thereafter we apply the full 26 half payments for the rest of your life. We do not want to overcharge you, or make you pay enrollment fees for every mortgage you ever obtain. Your closing costs are already high enough, so we are here to reduce that burden.
With our biweekly program you will never have to worry about making on time mortgage payments again. All your future payments will be deducted via ACH from your checking or savings account. This method is highly regulated by the Federal Government and consumers have great protection with ACH transactions, this is w why Auburn Equity has decided to use this method for the client transactions. All funds are held in insured accounts and we do not use your funds to invest, they are strictly held to pay your mortgage.
Many people want to know why they have to pay any fees to enroll in a bi-weeky program, or ask if they can do it themselves. Well, of course you can do anything you want yourself, but we are here to provide a service to those who either don’t want to or don’t have the discipline to do this on their own. With our automated bi-weeky program, you will never have to worry about if your mortgage is paid on time, or if you have extra money to apply towards principal. You can forget about all that and save 7-10 years and $50,000, $100,000 or more in interest, depending on your loan terms. You could wash your own car, but most of us pay to have it washed for convenience. The small fee associated with our bi-weeky program is well worth it, considering your mortgage is typically your largest investment in your lifetime.
On the average mortgage size of $200,000 at 7% interest you would have an interest savings of $69,728.03 and pay off your loan in 23.5 years, saving 78 payments. What could you do with an extra 78 mortgage payments that you get to keep in your pocket? Retire younger, travel the world anything you wanted!! Contact us to enroll in our bi weekly program today or you can go onto our website at www.AuburnEquity.com and calculate your savings, just click on the "Savings Calculator" tab.
Auburn Equity Management, Inc
866-563-9090
inquiry@auburnequity.com
Article Source : Pg. 26

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