Why can’t I just make extra principal payments to my primary mortgage and achieve the same results?
You can, if you can figure out all the algorithms and variables that the program takes into consideration to optimize the process. The Money Merge Account tells you down to the penny how much to transfer from your HELOC to the first mortgage, and on what exact date to make the transfer. So, you can definitely make extra payments on your own, but you won’t pay off the mortgage as quick or save as much money in interest as you would using the Money Merge Account.
