Top five reasons to use the Float My Mortgage method:
5) Fight inflation. Inflation reduces the purchasing power of your money over time. As long there as is positive inflation $1000 today is worth more than $1000 next year. The Float My Mortgage method pays your mortgage payments now today with other peoples money, but does not actually pay them until 1 year or more later! This is the “floating” part of the Float My Mortgage method that combats inflation.
4) Smooth mortgage payments. The Float My Mortgage method can help smooth cash flow with your mortgage payments by paying your mortgage payments now today with other people’s money. You then pay it back in over 1 year’s time. The cash is still in your bank account ready to be used a temporary expense’s fund until you get paid in full later in the year. This can help you bridge the gap while you wait to get paid.
3) Invest your mortgage payments today. Wouldn’t it be great if you could find a way to pay your mortgage today with someone else’s money but still have the same mortage payment money available to invest for a year or more ? With the Float My Mortgage method you’d only have to pay your mortgage payments a year or more later, leaving you the money to invest today. Think about how much investment opportunity that could provide you.
2) Get back your investment opportunity. Paying your mortgage payments every month, loses you investment opportunity. The money you have to pay to your mortgage provider is a sunk cost that you cant get back every month. That money is gone and you can’t invest it in other things. This is the “Investment Opportunity Cost” you pay because you have to pay your mortgage. With the Float My Mortgage method you’d only have to pay your mortgage payments a year or more later, leaving you the money to invest today.
And the all time best reason …
1) Save big on mortgage interest!. For example the Float My Mortgage method allows you to pay about $19 today with a $1200 overpayment but about $281 in lifetime mortgage interest.
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