Free Mortgage Software
Extra Payment
Extra Payments 
The Extra Payments options allow you to make additional payments (on top of the monthly payment) to allow for quick mortgage payoff. You have three options here
i) Make an additional payment each month,
ii) Make an additional payment each year and
iii) Make a one time payment.
You can use any one or a combination of the three options. Play around with these options to see which option(s) will be most beneficial for you.
Eliminate Debt - Save TEN THOUSAND DOLLARS Paying No More Per Month Then You Are Right NOW On Your DEBT - Guaranteed!
Paying just 25.00 extra each month on the mortgage example given will save:

Get Out Of Debt ... Live a better life and have more money
To learn how to save even more money look at this example below using the Rapid Debt Reducer Debt Software
If you could save 57,949.27 with out spending any more then are right now, would you? One real life example:
|
Paying Minimum Payments |
Using RDR Method |
Debt Name |
Principle |
Interest |
Time |
Interest |
Time |
| Visa |
6,000.00 |
36758.55 |
63.8yrs |
6577.87 |
4.9yrs |
| MasterCard |
11000.00 |
22879.73 |
36.11yrs |
7069.09 |
4.6yrs |
| Gold Card |
15000.00 |
9859.70 |
27.9yrs |
3841.46 |
4.3yrs |
| Line of Credit |
9000.00 |
8495.90 |
19.3yrs |
3503.12 |
3.9yrs |
| Discover |
5000.00 |
1816.47 |
12.1yrs |
880.98 |
3.4yrs |
| Car |
16980.00 |
2100.26 |
3.11yrs |
2088.82 |
3.9yrs |
| Total |
$62,980.00 |
$81,910.61 |
|
$23,961.34 |
|
Summary |
|
Paying Minimum Payments |
Using RDR Method |
| Interest Paid |
$ 81,910.61 |
$ 23,961.34 |
| Total Payments |
$ 144,890.61 |
$ 86,941.34 |
| Time Required |
63Yrs 8Mo |
4Yrs 9Mo |
Debt Free |
Dec 2070 |
Jan 2012 |
| Money Saved |
|
|
$ 57,949.27 |
| Time Saved |
|
|
58Yrs 11Mo |
It is the manner in which these debts are paid each month that makes the difference. This is not debt consolidation or debt settlement, no loans, no monthly fees. You can do it.
If only the minimum payment is made each month on a credit card with nothing else being added to it (no more charging) it will take about 30 years to pay it off! We show you a simple method of how to pay it off in just a few years with out paying any more then you are right now. Start today - You owe it to yourself!
That's It
CREDIT CARD COMPANIES DO NOT WANT YOU TO KNOW HOW EASY IT IS TO GET OUT OF DEBT, MATTER OF FACT NEITHER DOES DEBT CONSOLIDATION OR DEBT SETTLEMENT COMPANIES! CREDIT COUNSELING SERVICES IS A BILLION DOLLAR BUSINESS! Don't LET the NOT-FOR-PROFIT FOUL YOU. They would perfer you to spend hundreds even thousands of dollars using their services instead. |