Money Merge Account Goals

=
Put Your Money to Work For You
1. Cancel Mortgage and Debt Interest
3. Leverage Funds to Your Advantage
5. Provide a Customized Financial Plan

Mortgage = Closed-End Loan
$200,000
6%
$ 1,199
x
360
$431,677

Principal loan amount
Interest
Monthly payment
Months (30 year loan)
Total repayment

-$200,000
$231,677

Principal loan amount
Total interest paid

$200,000
6%
$1,199.10

Principal Balance
Interest Rate
Monthly Payment

Principal

Interest

Balance

Equity

Paid

Month 1

$199.10

$1,000.00

Month 2

$200.10

$999.00

Year 1

$210.33

$988.77

$197,543

$2,457

$14,389

Year 5

$267.22

$931.88

$186,108

$13,891

$71,946

Year 10

$360.44

$838.66

$167,371

$32,628

$143,891

Year 21

$696.23

$502.89

$99,877

$100,123

$302,173

Year 30

$431,677

Conventional Banking Method

$1,199
$5,000
$6,199

First monthly payment
Additional principal payment
Total first payment

Prepayment Savings Example
$195,000
6%
$ 1,199
337
$231,677
$203,373
$ 28,304
-$ 5,000
$ 23,304

New principal loan balance
Interest rate
Monthly payment
Months
Original interest paid
New interest paid
Additional principal payment
Total Savings

Open Ended Loan = Line of Credit
Home, Personal, Business, Credit Card
 Vehicle for leveraging funds.
 Primary checking account =
Income in and expenses out.

7000
6000

 Interest calculated on the

5000

Daily Average Balance

4000

 Function of the software to
minimize interest fee on
HELOC while maximizing
interest savings on the
mortgage.

3000
2000
1000
0

1 2 3 4 5 6 7 8 9 10 11 12

John and Rebecca Jones
$5,000
-$4,000
$1,000

Monthly income
Living expense (mortgage, car payment)
Discretionary income

Month 1

$20.83

Month 2

$12.50

$3,500
$4,000
$7,500
$5,000
$2,500

MMA investment
Expenses

$4,000
$6,500
$5,000
$1,500

Expenses

Income
Average Monthly balance

Income

Month 3

3 month total

$34.80
$68.13

$1,500
$4,000
$5,500
$5,000
$ 500
$3,675.77
$4,175.77

Expenses
Income
Reduced mortgage by
Funds transfer 18 months
Average monthly balance

Interest Cancellation
$17,249
Principal Jump

Principal

Interest

Month 1

199.10

1,000.00

Month 2

200.10

999.00

199,600.80

358

Month 3

201.10

998.00

195,723.93

339

Month 4

220.48

`

978.62

195,503.45
$ 19.38

338

Month 5

Balance

Remaining
Payments

199,800.90
$220.48

$201.10

359

Month 6

6 month total

$34.13
$146.85

$2,175.77
$4,000
$6,175.77
$5,000
$1,175.77
$2,920.23
$4,096

Expenses
6 month total

Income

Reduced mortgage by
Reduced mortgage by
Funds transfer16 months
31 balance
months
Average monthly

6 month total

Interest Cancellation
Interest Cancellation
$12,274
$29,523
Principal Jump

Principal

Interest

Month 4

220.48

978.62

Month 5

221.58

977.52

195,281.87

337

Month 6

222.69

976.41

192,138.94

323

Month 7

238.41

`

960.69

191,900.53
$ 15.72

322

Month 8

Balance

Remaining
Payments

195,503.45
$238.41

$222.69

338

Month 12

12 month total

$32.68
$297.89

$2,003.68
$4,000
$6,003.68
$5,000
$1,003.68
$2,917.67
$3,921.35

Expenses
Income

12 month total

Reduced mortgage by
Reduced mortgage by
Funds transfer
14 months
53 balance
months
Average monthly

12 month total

Interest Cancellation
Interest Cancellation
$ 10,184
$50,862
Principal Jump

Principal

Interest

Month 10

256.59

942.51

Month 11

257.87

941.23

187,987.99

307

Month 12

259.16

939.94

184.811.16

295

Month 13

275.04

`

924.06

184,536.12
$ 75.94

294

Month 14

Balance

Remaining
Payments

188,245.86
$275.04

$199.10

308

-

Comparison
Starting balance

Repayment time
Total interest paid

Money Merge Account
Program

Conventional Program

$136,058

$136,058

Balance in 1 year:

Balance in 4.7 years:

$126,032

$126,193

11.917 years

30 years

$45,159

$134,726

Total interest savings: $89,566

Loan amount: $136,058

The Next Step is to Get your Free
Money Merge Account Software Analysis