Introducing the Money Merge Account (MMA)—a powerful tool to help you fulfill your dream of home ownership and save money for your future. The average MMA customer will pay their 30-year mortgage off 100% in as little as 8 to 11 years—with little change to their day-to-day spending habits and without increasing their monthly payments.
Most homeowners realize they will pay about twice the purchase price of their home on a traditional mortgage—a mortgage it will take about 30 years to pay off.
The Money Merge Account is not a bi-weekly payment or debt roll-down system. It’s an entirely new approach that gives homeowners flexibility with their money and complete financial freedom.
A side-by-side comparison of a traditional mortgage repayment shows the savings potential using the MMA system. A 30-year, $136,000 mortgage at 5.25%, when paid through conventional monthly payments, will result in a 30-year total repayment of $270,784 – nearly twice the cost of the home. The MMA program can repay the same mortgage in 11.3 years with a total repayment of $181,217. An incredible savings of $89,566 is realized on the same income, with the same mortgage, at the same interest rate, and without any changes to your standard of living. MMA is simply the fastest way to repay a mortgage and be on your way to financial freedom.
