The document discusses a mortgage management account (MMA) software program developed by Accelerated Equity & Development to help homeowners pay off their mortgages early. The MMA program was tested successfully with 400 homeowners in Denver, reducing their mortgage payoff time by an average of 10-15 years. The MMA works by maximizing the performance of homeowners' money through optimizing various accounts and performing periodic funds transfers to pay down the principal on their mortgage.

3. Australians pay $100,000 - $150,000 less in interest on their mortgages than do we Americans.

7. Comparison

8. Investment Possibilities

11. Closed-End Loan $200,000 Principal loan amount 6% Interest $ 1,199 Monthly payment x 360 Months (30 year loan) $431,677 Total repayment -$200,000 Principal loan amount $231,677 Total interest paid

12. $200,000 Principal Balance 6% Interest Rate $1,199.10 Monthly Payment Principal Interest Balance Equity Paid Month 1 Month 2 Year 1 Year 5 Year 10 Year 21 Year 30 $199.10 $1,000.00 $200.10 $999.00 $210.33 $988.77 $197,543 $2,457 $14,389 $267.22 $931.88 $186,108 $13,891 $71,946 $360.44 $838.66 $167,371 $32,628 $143,891 $696.23 $502.89 $99,877 $100,123 $302,173 $431,677

13. Prepayment Savings Example $195,000 New principal loan balance 6% Interest rate $ 1,199 Monthly payment 337 Months (23 Months Saved) $231,677 Original interest paid $203,373 New interest paid $ 28,304 -$ 5,000 Additional principal payment $ 23,304 Total Savings

20. $200,000 $40,000 Mortgage HELOC Checking Savings Credit Card Revolving debt 2 nd mortgage MMA Software

21. $195,000 $5,000 Funds Transfer Mortgage $5,000 HELOC Funds Transfer: Borrow money from your HELOC to pay down your 1 st mortgage.

32. Loan amount: $200,000 $184,811 $184,752 Balance in 1 year: $197,543 MMA Program Conventional Program Starting balance $200,000 Balance in 1 year: 10.4 years $70,422 30 years $231,677 $200,000 Balance in 5.5 years: Repayment time Total interest paid Total interest savings: $167,219

37. Funds Transfers How much… - If you transfer too much, interest charges will eat you up - If you transfer too little, not enough principal increase - Dollar amounts are different every time How often… - Frequency varies every time

38. True Cost How much does that item really cost me over time……

42. 15% - 25% ahead of written guaranteed pay off date - because the proposal is a conservative projection - because of the Report Section (people budget more)

46. For the values you entered: Principal= $410666 Interest Rate= 5.75% Amortization Period= 30 years Starting month= Jun Starting year= 2006 Monthly Pre-payment= $0 Annual Pre-payment= $ 0.00 For Calendar Year 2018 (Year 13, 18 left) Jan: Principal: $ 833.26 Interest: $ 1563.27 Balance: $ 325414.75 Feb: Principal: $ 837.26 Interest: $ 1559.28 Balance: $ 324577.49 Mar: Principal: $ 841.27 Interest: $ 1555.27 Balance: $ 323736.22 Apr: Principal: $ 845.30 Interest: $ 1551.24 Balance: $ 322890.92 May: Principal: $ 849.35 Interest: $ 1547.19 Balance: $ 322041.57 Jun: Principal: $ 853.42 Interest: $ 1543.12 Balance: $ 321188.15 Jul: Principal: $ 857.51 Interest: $ 1539.03 Balance: $ 320330.64 Aug: Principal: $ 861.62 Interest: $ 1534.92 Balance: $ 319469.03 Sep: Principal: $ 865.75 Interest: $ 1530.79 Balance: $ 318603.28 Oct: Principal: $ 869.89 Interest: $ 1526.64 Balance: $ 317733.39 Nov: Principal: $ 874.06 Interest: $ 1522.47 Balance: $ 316859.32 Dec: Principal: $ 878.25 Interest: $ 1518.28 Balance: $ 315981.07 FOR 2018: Interest= $ 18491.49 Principal= $ 10266.94 Balance= $ 315981.07 The MMA software analysis showed I will be paid off by April 2018 Still owe $322,890.92 George Veronis Mortgage Amortization

52. Independent Agent Commission Plan