The “constant” number used in calculating repayment of debt is $’s per $ 1,000 per month. It’s known as a the WAC ( Weighted Average Constant ). You also have the WAM ( Weighted Average Maturity ) which compares the original term with historical payoff data to calculate a “likely payoff date”. WAC and WAM are used to determine the value of pools of differring rates and terms.

These are averages but they don’t call them averages for nothing ! In this case when thinking in these terms you should consider yourself average when you examine the question; “How long are you going to keep this house and how long do you need the money” ? If your holding period is only 3-5 years and there’s a significant difference between 30 year fixed rates and a 30 year adjustable with rate and payment fixed for the first 3-5 years only, then adjustables might rule. Think back, if you had taken an adjustible in 1982 and road that puppy down without refinancing, you’d have been way ahead of the game ! You can do a 3/1 adjustable today in the high 3’s low 4’s.

At 5.5% rate the constant is $5.67 per $1,000 @ 4% it’s $4.67 per $1,000. that’s 90 BPS (basis points, 100 basis points = 1%) difference. On a $200,000 mortgage that’s 200,000 x .009 = $1,800/12 = $150 per month less.

Couple this with the Money Merge Account from United First Financial and VAVA VA Voom !

You’ll “supercharge” repayment of your mortgage.

Interesting List of Taxes that exist today

TAXES:
Accounts Receivable Tax
Building Permit Tax
Capital Gains Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Court Fines (indirect taxes)
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel permit tax
Gasoline Tax (42 cents per gallon)
Hunting License Tax
Inheritance Tax Interest expense (tax on the money)
Inventory tax IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Local Income Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Septic Permit Tax
Service Charge Taxes
Social Security Tax
Road Usage Taxes (Truckers)
Sales Taxes
Recreational Vehicle Tax
Road Toll Booth Taxes
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and
local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Toll Bridge Taxes
Toll Tunnel Taxes
Traffic Fines (indirect taxation)
Trailer Registration Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax

Workers Compensation Tax

COMMENTS:
“Not one of these taxes existed 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and only one parent had to work to support the family.”

What happened?

I couldn’t have said it better myself. Check the credential here. This guy is no slouch !

http://www.dsnews.com/articles/real-estate-investing-commercial-property-or-home-2010-01-06

The Money Merge Account is the first tool ever created to give the average guy total control over his financial affairs. That’s extremely powerful, wouldn’t you say ? Think about the burden just lifted off you shoulders ?
To decide what you should do with every mandatory dollar of spending you require is easy you just pay your personal living expenses, you just pay. But “Where do I spend my discretionery money to eliminate the most debt and save for my family’s future and my retirement at the same time” is another question entirely? To properly answer that you’d have to know the amortization schedules for all your debt and the yield on investments.A Daunting task to say the least.
By creation, the Money Merge Account from United First Financial is the opitame Trust.
The program works with maximum mathematical accuracy to eliminate debt as fast as possible.
You don’t have to think about it !
It works every time.
So what good is it ?
I loved the book ” Missed Fortune” by Douglas Andrew. It makes the best case tax advantages and all, I’ve seen for carrying a mortgage on your primary residence. I totally agree with the principal and recommend it to my clients. However how do you get off that road ? The money is flowing away from you ! No one ever got rich taking the interest deduction on their mortgage if it meant paying your mortgage to someone else. When you stop to think about it the government has a hell of a deal there, give me a dollar and I’ll give you back 30 Cents !  By using the MMA you stop that endless cycle. Because you paying less interest the contract rate for the mortgage will decreas and the faster you start to save.
What do you do with the savings ?
That’s where U 1st Alliance comes in.
This sister company is a general insurance agent for Massachusetts Mutual Insurance company. Using established tools they set you down the road to becoming your own financing source. You must stay out of the banks at every possible occasion. We need them of course but when, why and for how much is another story ?
Great family fortunes have always had at their core life insurance. Because the taxman always gets his due nothing in the world has the power to extend family fortunes like life insurance. Using it as the core strategy for wealth building you can stop the wasteful insidious cycle of paying interest to somebody else, while creating your own financing mechanism for life’s financing needs and plan for your retirement, all in one.

What’s your exist strategy ?

http://www.amazon.com/Cellular-Health-Cancer-Matthias-Rath/dp/0967954622/ref=sr_1_2?ie=UTF8&s=books&qid=1262549328&sr=1-2

https://www.naca.com/index_main.jsp

Buyers in Massachusetts are able to take advantage of the invaluable education and training offered by this Non-Profit funding source.

In my opinion the Best mortgage around for 1st time buyers and slightly credit impaired borrowers.

https://www.masshousing.com/portal/server.pt?mode=2&uuID=%7BE97F7241-F9D4-4917-8ABD-C526D73DB5CE%7D

As we and our business evolve, old collateral pieces floating around may become out-dated.

To that end, I originally had branded my website URL with my blog URL.

So go to http://garysund.localizednet.com to see what I had in mind for your challenge.