HOW A MORTGAGE WORKS

Why This Website?

For most people a home is the largest purchase they will ever make. They usually borrow money to purchase a home. This site is here to help you understand all of the minute details of mortgages. And to help you pay off your mortgage sooner. There are mortgage calculators that give you "what-if" scenarios to show how to pay off a mortgage quicker. And lots of other information about home loans.

It helps to understand how mortgages work. You will then know how to pay the lender less money. Every dollar you save on your mortgage is a dollar you can use for something else. You have the potential of saving tens of thousands, or even hundreds of thousands of dollars! Paying less money also means your loan will be paid off sooner. The day of no house payments will come sooner. That’s a great feeling.

If you want mortgage information you’ve come to the right place.

This website will

• Explain mortgages and exactly how they work.
• Give you personal scenarios of how you can accelerate your mortgage payoff and how much you’ll save in interest if you pay off the mortgage faster.   Try A Scenario
• Tell you exactly when you can have your house paid off.
• Help you understand tax implications and tell you when to use a mortgage for tax purposes, and when not to.
• And More

This website will not

• Sell you information or gimmicks – it is totally free.
• Pay off your mortgage. Sorry.