Mma V4 Cashflow, Paydown Presentation

926 views

Published on

800-557-6821 This powerpoint shows how cashflow works when United First Financial 's Money Merge Account helps you pay off debts using credit card(s), savings and checking accounts as a virtual line of credit.

Published in: Economy & Finance
1 Comment
1 Like
Statistics
Notes
No Downloads
Views
Total views
926
On SlideShare
0
From Embeds
0
Number of Embeds
8
Actions
Shares
0
Downloads
18
Comments
1
Likes
1
Embeds 0
No embeds

No notes for slide
  • Welcome to the presentation
  • Mma V4 Cashflow, Paydown Presentation

    1. 2. ALOC – Checking – Savings Presentation July 2008
    2. 3. 2005 Money Merge Account ™ Program 2005 - 2006 Denver Test Market 2006 United First Financial In 24 months…UFirst grew from ten Agents to thousands of Agents 1997 Accelerated Equity Founded by Skyler Witman and John Washenko in Draper, Utah One of Utah’s fastest growing companies for 3 years. In 2002, hired a group of experts to create a program to help homeowners pay off mortgage debt more effectively with little to no change in lifestyle.
    3. 4. See What the Experts Are Saying
    4. 5. Moving in the Right Direction Don Jorgensen, Skyler Witman Jonathan E. Bonnette, Matt Lovelady and John Washenko
    5. 6. <ul><li>Why does the largest building in every city have a bank’s name on it? </li></ul><ul><li>Banks pay interest to earn interest. </li></ul>Banks pay interest at <3% Your checking, savings, cd’s Earn <3% Banks earn interest at >6% Your loans, credit cards, mortgages pay >6% How Do Banks Work?
    6. 7. Our System teaches you to make every dollar you make either earn interest or cancel interest!
    7. 8. John and Rebecca Jones $238,700 in Debt at age 40 $121,855 Total Interest Saved with the Money Merge Account Conventional Program 40 years old 30 years to zero $247,764 in interest Money Merge Account TM System 40 years old 15.3 years to zero $125,878 in interest
    8. 9. <ul><li>Your Debt </li></ul><ul><li>Advance Line of Credit (ALOC) </li></ul><ul><li>A Home Equity Line of Credit, Personal or Business Line of Credit, or even a credit card will work, as long as it has the correct characteristics required by the Money Merge Account™ program </li></ul><ul><li>Checking and Savings Accounts </li></ul><ul><li>Money Merge Account Program </li></ul>Four Required Components to Pay Off Your Debt in Record Time
    9. 10. <ul><li>NOT a Bi-Weekly Program </li></ul><ul><li>NOT a Debt Rolldown Program </li></ul><ul><li>NOT a Reverse Mortgage </li></ul><ul><li>NOT a Concept or Theory </li></ul>Money Merge Account™ Program
    10. 11. Four Key Money Saving Principles <ul><li>Interest Accumulation </li></ul><ul><li>Interest Float </li></ul><ul><li>Interest Cancellation </li></ul><ul><li>4. Strategic Payoff </li></ul>
    11. 12. John and Rebecca Jones Liability Structure Debt Amount Rate Payment Term Mortgage $200,000 6% $1199.10 360 Credit Card $0 12% $0.00 240 Income Structure Income Expense Discretionary $5,000 $4,800 $200
    12. 13. Month 1
    13. 14. Month 1
    14. 15. Month 1
    15. 16. Month 1
    16. 17. Month 1
    17. 18. +$12 @3% -$199 1. Interest Accumulation Month 2
    18. 19. 0% 2. Interest Float Month 2
    19. 20. $3,789 Month 2
    20. 21. Funds Transfer 3. Interest Cancellation
    21. 22. <ul><li>$195,812 New principal loan balance </li></ul><ul><li>6% Interest rate </li></ul><ul><li> $1,199 Monthly payment </li></ul><ul><li> 340 Months (Not 358 – Cancelled 18 months) </li></ul><ul><li>$231,677 Original interest paid </li></ul><ul><li>- $212,930 New interest paid </li></ul><ul><li>$18,746.21 Total Savings </li></ul> Prepayment Savings Example
    22. 23. Bank Like a Bank Sounds simple, but it is millions of lines of codes and multiple math algorithms hard at work. Ever since banks opened their doors, they have relied on math and timing to make money work. Now it’s your turn to bank like a bank. CANCEL INTEREST Computes the optimal time to leverage money to pay off your debts and cancel interest.
    23. 24. How Would you Pay this off? $10,700 7% Installment Loan $4,800 12% Credit Card $8,000 9% Credit Card $20,000 7% Auto Loan $200,000 6% Mortgage 1 2 6 24 120
    24. 25. 4. Strategic Payoff <ul><li> Looks at the characteristic’s of each debt including </li></ul><ul><li>Amount owed </li></ul><ul><li>Length of debt </li></ul><ul><li>Interest rate </li></ul><ul><li>Calculation of Payment </li></ul><ul><li>Adjusting Rates </li></ul>
    25. 26. Factorial Math Fair Isaac* reports the average consumer has 13 active creditors on their credit report. Over 6 BILLION * www.myFICO.com
    26. 27. John and Rebecca Jones Liability Structure Debt Amount Rate Payment Term Mortgage $200,000 6% $1199.10 360 Credit Card $8,000 9% $72.00 240 Credit Card $0 12% $0.00 240 Loan $10,700 7% $125.00 120 Auto Loan $20,000 5% $377.00 60 Income Structure Income Expense Discretionary $5,000 $4,800 $200
    27. 28. Month 1
    28. 29. Month 1
    29. 30. Month 2
    30. 31. $3,789 Month 2
    31. 32. Strategic Payoff $4,800 $3,989 $4,800
    32. 33. Making the Right Decision If you choose to override the system, it will immediately tell you what the impact of your emotional decision will be
    33. 34. Financial GPS <ul><li>It guides you to: </li></ul><ul><li>Pay off debts </li></ul><ul><li>Save for retirement </li></ul><ul><li>Stay Focused </li></ul><ul><li>Track success </li></ul>The Money Merge Account™ Program Is Your Financial GPS
    34. 35. $121,855 Total Interest Saved with the Money Merge Account John and Rebecca Jones Conventional Program Money Merge Account TM System 40 Years Old 40 Years Old 30 years to zero 15.3 years to zero $247,764 in interest $125,878 in interest
    35. 36. Achieving Your Financial Goals Begins with Debt Elimination Let the UFIRST representative who introduced you to our powerful solution run a free analysis for you
    36. 37. <ul><li>United First Financial, its Agents and subsidiaries provide Internet, Web-based software and support services. United First Financial does not provide accounting, tax, legal, real-estate, mortgage, or investment advice. Interested parties should seek and consult with persons or entities licensed and qualified in those areas for advice relating to those matters. United First Financial is not liable or responsible for claims or representations made by any party which are not included in the Money Merge Account™ Limited Guarantee. </li></ul>
    37. 38. Thank You

    ×