An impossible dream. Live for today and let tomorrow take care of itself. Death is a foot step away. Gloom and doom.

Many home owners live in this reality and never see the fruits of hard work and become a burden on society.

A majority of American homeowners will own more than one home in their life time. Generally, it all starts with the 1st home (starter), moving on to the 2nd home (family) and finally the 3rd home (dream). The time frame for this home ownership journey is approximately 20 to 30 years.

If the homeowner adds principal (acceleration) to the monthly payment beginning with the 1st starter home payment and continues adding principal throughout the life of mortgage debt, the dream home can be free of mortgage debt by the 22nd year. Free & Clear® is a beautiful phrase.

Start at 30 years old and own the dream at 50.

Monthly and annual loan acceleration is a slow, but effective method, of paying off a mortgage loan in a shorter time frame.

A true bi-weekly amortizing loan is preferred over a monthly or annual loan acceleration. The bi-weekly pays off 2 months earlier than a monthly loan acceleration.

Two months savings is money in your pocket.

By adding extra money to the required payment, the lender is forced to calculate interest due based on current loan balance. The added principal accelerates the loan term.

Free & Clear® Topics - The consumer's edge.

Acceleration Example - Investment return