Lowest Fixed Rate Mortgage

By Saleem Rana 

Lesson 4:  The Mortgage Advisor Niche

People who are researching mortgages online really want to know how they can save thousands of dollars.  Thus, if somebody was looking for a way to save mortgages and doing a Google search, my title would be appealing. 

When they clicked on to this page from a search engine, they would find a useful strategy they could use to save on their mortgage by using the Accelerated Payment Clause in their Mortgage contract. 

Here, then, is the article describing that strategy.

Lowest Fixed Rate Mortgage

By Saleem Rana 

You want to own your own dream home and decide to assume a mortgage that will be paid over 30 years.  Besides finding the lowest fixed rate mortgage is there anything else you can do to pay less than the full interest payment that accumulates over a 30 year period?

Yes, if you pay off your existing mortgage in less than the time allowed.  If you do this, you will literally save tens of thousands of dollars that would be spent on covering the interest.

Here is a strategy to pay off the loan quicker and save in the process.

Every month there is a minimum monthly payment.  As a borrower, you can also pay a little more per month.  This takes advantage of the Accelerated Payment Clause in the mortgage contract. 

As you pay the lender more than the minimum payment, you will lower the outstanding balance, and this will result in the equity of your home increasing faster over time.  You will also be saving on the interest payments that would accrue during the full agreed term of the mortgage.

Here is an example of how this works.

Suppose you take a mortgage for 30 years on a house for $200,000.  The interest is 6% fixed rate.  You will pay every month for 30 years.  Thus, you pay $1,210.56 every month.

The life of your mortgage is $435,789.89.

Now using the strategy discussed above, you pay an extra $100.00 a month.

You would trim off 38 monthly payments this way.  Your mortgage will have been paid off three years and two months sooner.

You would save $46,360.13 in interest charges by retiring the mortgage earlier.

To successfully use this method, your mortgage has to have an Accelerated Payment Clause in it.  Also, you will have to be consistent in how much you pay over the minimum monthly payment.

Your Assignment:  Answer these questions on a sheet of paper:

Reading this article, what value am I trying to offer the reader?

What keyword am I targeting?

How does my use of this content benefit the visitor, the advertiser, and the Google bot?

How can you multiply this idea many times over for your profitable niche website?

Earn Money With Google Adsense

Summary

Now that we've got the basics covering this niche, the rest of the lessons are going to be an introduction to other high paying niches, an example of what makes good content, and high paying keywords for you to start making money right away.

We are going to be creating how to articles around the main themes. 

Niche One: How to build a website around profitable loan help related keywords.

Niche Two: How to build a website around profitable insurance help related keywords.

Niche Three: How to build a website around profitable mortgage help related keywords.

Niche Four: How to build a website around profitable legal help related keywords.

Niche Five: How to build a website around profitable credit help related keywords.

Now go to the top navigation links, click on lesson 5.