Recently, xlyourfinances teamed up with www.replaceyourmortgage.com. Replace your mortgage is a method for paying off your home in 5-7 years. The replaceyourmortgage team was looking for a personal finance tool to offer to their customers to help them manage their money better and to make sure they were achieving their mortgage payoff goals. Before I would team up, I decided to look into the replaceyourmortgage method and decide for my self if it was legitimate or not. After researching the website and talking to the owner of replaceyourmortage, I took the leap and became a replaceyourmortgage customer. After going through the educational videos and working with the on-line community, I was able to replace my traditional mortgage with a home equity line of credit with no closing fees. I am not only saving interest dollars, but I have dramatically reduced my loan principal in a short amount of time which is further reducing the amount of interest I am incurring on my house. The effect of a lower interest rate being calculated on a daily basis coupled with the reduced principal has had a major impact on how long it will take me to pay off my house. The best part, is that because your mortgage is completely replaced by a home equity line of credit, you have no risk of paying 'too much'. You can always access the equity you created with your payment and have the cash you need, when you need it. There are many other benefits to the replaceyourmortgage method and I strongly encourage you to check out their website to see if the method will work for your unique situation. It definitely has worked for me and I find myself telling everyone that is interested.
Replaceyourmortgage has now endorsed xlyourfinances as the personal finance tool of choice for its customers. As a replaceyourmortgage customer you will gain access to a special instructional video created to show exactly how xlyourfinances makes it easy to track your finances using the replaceyourmortgage method. You can learn more about this exciting concept at www.replaceyourmortgage.com
I have been an Auditor, Analyst, Accounting Manager, Business Systems Manager, Controller and Director of Finance over the past 15 years of work experience. In my free time I developed the XLYourFinances spreadsheet and website. I serve my community as the Vice President of the school board and enjoy golf and spending time with my family. We attend church at LCBC.