Maxhouse
Financial Services in Provo, UT
You soon will. Mortgage Savings Accounts are helping people to pay off their homes in 1/2 to 2/3 less time than traditional mortgages by combining your checking, savings and mortgage accounts into one and making nice use of a concept called daily calculated interest. The amazing fact is that this can often be done with little or no change in income or spending. Mortgage Savings Accounts were 1st created by the National Australia Bank when it decided to tie mortgages to checking accounts, offered daily interest calculation and did not penalize borrowers for increasing payments of paying in lump sums.
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Maxhouse
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