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In the Accelerator account, your money will earn your home loan rate (a much better return) because: Your income lowers your monthly balance. The lower balance saves you interest. The saved interest becomes extra principal payment. This further lowers your balance, saving more interest. This frees up even more money to reduce principal. This cycle repeats itself each month, compounding your interest savings and accelerating the reduction of your debt.

I love the fact that I can deposit everything into one account and know that every unspent dollar is going towards minimizing my monthly interest payment now, even if I need the dollar at a later date. I love the flexibility for getting the money out such as using the time/direct withdraw card, check book, and online transfer. -Michael B., Waterloo, IA. Not having to make monthly payments and having all direct deposits from work go toward reducing the principle. -Rebecca W., Shoreline, WA. I like the ability to use my account as a home equity line of credit. I also like the ability to reduce my mortgage much more quickly. - Mark T., Camarillo, CA.
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