Most people don’t consider the possiblity of “floating” your mortgage payments with a short term loan of 1 year or more. This returns your lost investment opportunity for that time, because you can short term invest your money that was previously going to mortgage payments. You still pay the mortgage payments to your mortgage provider today, but don’t have to actually pay out of pocket for them until later. This means you are free to invest, assumming that you do this is relatively conservative investments with a good chance of returning your principal.

This video gives a quick overview of investment opportunity cost with your mortage:

Returning your investment opportunity is one of the benefits of the Float My Mortgage method. Sign up for a free membership to see a 15min video that explains how this works in much more detail.

The Float My Mortgage method allows you to pay about $19 today with a $1200 overpayment but about $281 in lifetime mortgage interest. This example is for a $400,000 30 year mortgage at 4.5%. See video below.

Signup to be a member today and discover how to pay and overpay your mortgage many months in advance.

Today we are going to show you our member’s Float My Mortgage calculator in this free video. We needed to write our own mortgage calculator so that you can compare two over payment schedules side by side for the same mortgage. This is so that you can identify the mortgage interest savings from overpaying now versus in later months.

Please view video in full screen mode to see the spreadsheet!