The Float My Mortgage is not the traditional approach to “overpaying” on your mortgage. Overpaying is a great long term technique where you overpay a small amount each month or make bi-weekly payments. But the main issue here is that you are always using your own savings! Once you have invested that saved money in the mortgage, you aren’t free to invest it for other things – you have lost opportunity cost.

The Float My Mortgage method is completely new concept. It makes mortgage payments and over payments without your own money! 

Sound impossible ? It’s not!

Do the numbers :

• Imagine you have a 4.5% mortgage now
• You can delay paying your mortgage today with multi-month “loan” (at 2% or less)
• You can now invest that mortgage payment cash to get returns from 1% upwards

You are making money three ways:

• Saving on the lifetime mortgage interest by making mortgage payments and over payments months in advance
• Keeping your mortgage payments today so you can invest in conservative investments (that will return your money)
• Beating inflation by paying your mortgage provider today but not actually paying up until months in advance.

How come everyone doesn’t know this already ?

The techniques used by the Float My Mortgage method have only became available in the last few years. Now they have been tested and perfected. Note this means that the Float My Mortgage method has also been tested throughout the 2008/09 credit crisis.

Why not tell everyone if it works so great? Well, it was promoted by word of mouth and all the positive feedback persuaded us to setup this website to “get the word out”. This shares the wealth, and still keeps the Float My Mortgage method usable for its members.

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.