money merge account (mma) three components of an mma 1. your 1 st mortgage 2. advanced line of...

Money Merge Account (MMA)

Three Components of an MMA

1. Your 1st Mortgage

2. Advanced Line of Credit (ALOC)

3. MMA Software & Web Site


Component #1

1. Your 1st Mortgage

Closed End Loan

The Bank will ONLY apply monies once a month to this type of loan and will only apply a full payment to adjust principal balance


Closed End Loan

$200,000 Principal loan amount 6% Interest$ 1,199 Monthly paymentX 360 Months (30 year loan)$431,677 Total of payments

-$200,000 Principal loan amount $231,677 Total interest paid


$1,199 First monthly payment

$5,000 Additional principal payment

$6,199 Total first payment

Conventional Banking• Refinance to lower interest rate• Apply more money to principal


$195,000New principal loan balance

6% Interest rate$ 1,199 Monthly payment 359 Months

$231,677 Original interest paid

$208,373 New interest paid

$ 23,304

-$ 5,000 Additional principal payment

$ 18,304 Savings! (Payoff Reduction 1.11 yrs)


$5,000 Monthly income

-$4,000 Living expense (mortgage, car payment)

$1,000 Discretionary income

MMA System• No refinancing necessary• No alteration to current cash flow


MMA Initial Financial Analysis• Property value• Original and current principal balances of

mortgage and other debits• Current Income & Discretionary Income

Analysis reveals • MMA could decrease your scheduled interest by $165,335 !!• 1st mortgage and the listed debts will be paid off without adjusting your living expenses in 11.3 years. (Payoff reduction time of 18.1 yrs)


Component #2

1. Your 1st mortgage

2. Advanced Line of Credit (ALOC)

Open End Loan The Bank will apply money to this type of loan when received and adjust principal balance multiple times per month.


Understanding an Advanced Line of Credit

• This is not a savings account• This is the vehicle - tool that drives the

vehicle is the MMA software• You cannot deposit more than the balance

$60,000 Line of Credit available (ALOC)


Optimum Performance of ALOC

• Deposit maximum amount of money into the line of credit per month

• Allow to sit in there as long as possible

• Least amount spent by the end of each month

ALOC Functionality• Functions as a primary checking account• Deposit all of your income into ALOC• Ability to pay all bills using ALOC


Component #3

1. Your 1st mortgage

2. Simple interest, ALOC

3. MMA software, web site• Financial Dashboard• Financial planning• Online account register• Maximizes money performance• 10 minutes per month to update

Money Merge Account (MMA)Month 1

$60,000 Line of Credit available (ALOC)

-$3,500 MMA one time fee-$4,000 Living expenses-$7,500 Balance owed

-$7,500 Balance owed $5,000 Paycheck-$2,500 New balance owed

The bank can only charge interest on the $2,500


Start balance -$3,500

Ending balance -$2,500

• You have never made a scheduled monthly payment

• Your income represented your monthly payment

-$7,500 Money borrowed from ALOC

-$2,500 Balance bank charges interest on


You paid NO interest on the $4,000 you used to pay your living expenses

*Consult your tax advisor.

Your ALOC became an Interest Cancellation Account

Tax deductible*


Closed End Loan

• Eliminated interest

• Controlled your money, so your money didn’t control you

• Got your money working for you, instead of it working for the bank!

Open End Loan • Income forced adjustment to principal balance• Interest Cancellation Account


Web site / Software

• Does NOT move money• Does NOT pay bills• User friendly software = Simplicity when updating each month

• Tracking tool

• Functions as an account register– Wants to know how much money is coming in– Wants to know how much money is going out

• Tracks your monthly budget

• Continuous Customer Support

•Utilities•Food•Clothing•Transportation•Entertainment• Car Payment• CC Payment• Bank Loan

Money Merge Account (MMA)Equity Transfer / Interest Cancellation

-$ 2,500 Balance owed

-$ 5,000 Pay down 1st mortgage

-$ 4,000 Living expenses

-$11,500 New balance owed

Equity Transfer / Interest Cancellation

-$11,500 Balance owed

$ 5,000 Deposit Income

-$ 6,500 New balance owed

The bank can only charge interest on the $6,500


Start balance -$ 2,500

Borrowed Additional -$ 9,000

Deposited -$ 5,000

End balance -$ 6,500

You have not made a scheduled monthly payment

because the income deposited represented

your monthly payment

-$11,500 Money borrowed from ALOC

-$6,500 Balance bank charges interest on


You paid NO interest on the $5,000 you used to buy down the principal balance on your

primary mortgage

You traded $23,304

of Closed End Interest charges,

for the Open End finance charge on $6,500

(Even with a high variable apr of 18.82% - less than $102 charge.)

That is the magic of the MMA

Money Merge Account (MMA) - Real Client - Action Plan

Money Merge Account (MMA) - Real Client - ALOC Balance

Money Merge Account (MMA) - Real Client -1st Mortgage

Pay In as Xtra Principal Discretionary Income is ONLY: $345.90 Per Month x 12 4,150.80

With MMA Software 135,901.84 -126,032.06 9,869.78 Prin Pd

& Discretionary $$ used for other things

Regular Schedule: 135,901.84-134,129.64 1,772.20 Prin Pd

Regular Schedule:

164.64 -156.92 7.72 Increase

With MMA Software

199.92 -156.92 43.00 Increase

2/1/2005

$136,058.76


Total interest savings: $89,566

Comparison

Balance in 1 year:$126,032

$136,058Starting balance

Conventional Program

MMA Program

Balance in 4.7 years:$126,193

$136,058

Total interest paid

Repayment time

$45,159

11.33 years

$134,726

30 years


Her home is paid off in 11.9 years,plus…

If she invests the available $927.08 per month for the remainder of the term which is 18.3 years she could

realize a potential nest egg of:

4% $299,525.80

5% $324,342.11

6% $351,786.03

Sample Mortgage # 1

Original Mortgage BalanceOriginal Mortgage TermOriginal Interest RateOriginal Mortgage TypeMonthly Mortgage PaymentFull Term Interest Would PayConsumer learns of MMA __yrs into the TermConsumer has already Paid this much InterestCurrent Principal Balance at this point isThe Remaining Term isThe Current Market Value isConsumer's Discretionary Income isConsumer Requests Financial Analysis - Results Are: Can potentially payoff Mortgage AND Other Debt in = an Early Payoff by Can potentially save in Interest

$800,000.0030 yrs (360 mos)6%Fixed$4,796.40$926,705.493 yrs (36 mos)$141,343.11$768,672.5627 yrs (324 mos)$1,000,000.00$1,500.00

14.1 yrs (169 mos)12.9 yrs (153 mos$433,339.70

** Success depends solely on each individual's variable circumstances, self-discipline, and consistency **

Sample Mortgage # 2

Original Mortgage BalanceOriginal Mortgage TermOriginal Interest RateOriginal Mortgage TypeMonthly Mortgage PaymentFull Term Interest Would PayConsumer learns of MMA __yrs into the TermConsumer has already Paid this much InterestCurrent Principal Balance at this point isThe Remaining Term isThe Current Market Value isConsumer's Discretionary Income isConsumer Requests Financial Analysis - Results Are: Can potentially payoff Mortgage AND Other Debt in = an Early Payoff by Can potentially save in Interest

$200,000.0030 yrs (360 mos)6%Fixed$1,199.10$231,676.372 yrs (24 mos)$23,714.90$194,936.4728 yrs (336 mos)$260,000.00$0.00

14.8 yrs (177 mos)13.2 yrs (159 mos$128,948.01

** Success depends solely on each individual's variable circumstances, self-discipline, and consistency **


Get YOUR Financial Analysis Today!

• See how early you could pay off your mortgage PLUS your other debt too

• See how much interest you could SAVE

• Learn how YOU can maximize the performance of YOUR money

Gather up your statements and Click Here

http://www.resource4us.net/uffapp.html

money merge account (mma) three components of an mma 1. your 1 st mortgage 2. advanced line of...

Documents

mma slide

money merge account

cancellation account

money performance

principal balance slide

principal slide

aloc mma software

savings account