Microsoft Office 2010 Standard Mortgage Accelerato

I lately had a colleague arrive to me about a plan some "guy" was trying to sell him. It promised to help pay off his 30 year mortgage in as little as 10-13 years. He was very skeptical and so was I. The basic concept was that you get a home equity line of credit,Microsoft Office 2007 Standard, pull a chunk out and pay down the principal on your first mortgage. Then you deposit your paychecks into the equity line, and use the equity like a checking account to pay all your other bills. The result is supposedly not interest savings but rather an "interest cancellation". By decreasing the initial balance on the first mortgage,Windows 7 Product Key, more of your money goes towards principal on all future payments and less towards interest in the early years of the mortgage. Now the whole thing sounded really fishy to me because he was trying to sell him this software that would calculate when to move the money around. The other thing that bothered me was that the math was so complicated that the average Joe homeowner could never figure it out,Office 2007 Professional Key, but the flashy video presentation made it seem so simple. However,Microsoft Office 2010 Standard, they say the concept has been used widely in the UK and Australia. So I started trying to calculate the math. You have to figure in the amortization of the thing and look at the difference of what would happen over time in the complex compound interest calculations. The numbers actually seemed to work. But it seems to me that if it truly is legit,Office 2010 Professional Plus, then anyone could do this on his or her own without paying this "guy" $3,500 for the software. Has anyone else heard of such a thing? And if it is on the level, is this something I should be offering my clients?UPDATE...I found an interesting link here: They make it sound like a pretty good deal. Hmmmmmm......Also Jason Price wrote an interesting blog about this same subject. See his comment below...