Home How It Works Presentation Tools & Resources Member Login Contact
About Us FAQs (Frequently Asked Questions)
The American Dream 45
Creating Adundance For Everyone!
Comparison with Banks
Comparison with Banks

The Decision Making Environment

Homeowners, in the last three years there has been a wave of Foreclosures in the housing market, so we at The American Dream 45 decided to help stop the Foreclosure nightmare in America homeowner's life. The purchases and value appreciation in home is no longer there like it was six years ago. Prior to that, there was a similar run-up in the stock market. The gambling mentality that developed in many of us as a result of those phenomena may no longer be the healthiest way to look at your investment dollars. Prepaid mortgages have two inherent investment factors: the relative rate of return on the dollars, and the rate of return on personal comfort level. Both are valuable commodities. 


EXAMPLE:  Payments without and with Accelerated payments

The calculator at http://www.bankrate.com calculates the savings in mortgage interest you realize by making prepayments for a given set of loan terms. It also calculates how many months sooner you will pay off the loan. The entire amount of additional payments is applied to amortizing the loan principal. 
Some mortgage loans may have a prepayment penalty. Check with your lender to verify whether your loan has such a penalty.

Shortening the life of your loan Our way  with help from our profits. ($80,000 Mortgage)  Original loan terms (PPMA Economy)   Example:

Mortgage Terms
Loan Amount
$80,000
Appraised Value
$100,00
Term (years)
30
Interest Rate
6.250%


1. Without Acceleration
Interest Rate
6.250%
Months Until Payoff
360
Total Interest Paid
$97,327
Total Interest Saving
0


2. With TAD45 Acceleration
Interest Rate
6.250%
When We Start Extra Payments
60 Days
Months Until Payoff
58
Total Interest Paid
$13,514
Total Interest Saving
$83,813 Our New Way

Shortening the same loan The Bank way 
by yourself, with no help, you still save: It just takes longer.

Extra Payments ($)
Years Until Payoff
$0
30
$50
27
$100
25
$150
23
$200
21
$250
20
$300
18
$350
18
$400
17
$450
16
$500
15

LEARN MORE…..

 

 


Join Us On Facebook

Follow Us On Twitter

Manta

 

 




P.O. Box 83430 | Conyers | GA 30013 | Phone: (770) 573-3222 Email: ian@tad45.com

© 2009 - The American Dream 45, Inc. - All Rights Reserved

Website Designed & Developed by Elegant Image Studios, Inc.

Pay Off Our Mortgage Early What Are The Benefits? How We Can Help