The Mortgage Medics'
The Impact of a Biweekly/Semimonthly
Mortgage Schedule

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Special Topic on this page: Our Featured Client.

Traditional bank loan amortization schedules are designed to allow banks to make the maximum amount of money at the beginning of the loan. The Biweekly or Semimonthly mortgage schedule, available through The Mortgage Medics, enables homeowners to guarantee that prepayments are made toward mortgage principal, thereby reducing mortgage terms and out-of-pocket interest charges.

Compare the payoff rates and interest paid on traditional bank loans versus our program's mortgage schedules below.


The Featured Client Data Section
Our Current Featured Client is J.Y.
J.Y. has been paying on a $236,000 mortgage for 40 months.
The mortgage terms are: 7.5%, fixed rate, 30-year.

The following table shows how much J.Y. would pay to the bank
over 30 years, versus what will be spent following conversion of the mortgage to a Biweekly schedule through The Mortgage Medics.


How much time and money will J.Y. save by converting
the current mortgage to a biweekly mortgage schedule through
The Mortgage Medics?

Client:                      J.Y.        
Mortgage Amount:             $236,000.00 
Interest Rate:                      7.50%
Current Term:                 360 months 
Months Paid:                       40    
Monthly Payment:             $  2,265.73 
(Principal, Interest, Taxes, & Insurance)
Biweekly Amount:             $  1,135.82 
  (2265.73 / 2 ) =           $  1,132.87 
  (1132.87 + 2.95*) =        $  1,135.82 
Option #1, Add:              $      0.00 
Option #2, Add:              $     25.00 
Option #3, Add:              $     50.00 
(* A $2.95 Transaction Fee per debit is required.)   
(Figures rounded to nearest penny.)


Simplified Yearly Amortization Schedule, with Options
Year   Mortgage Balance     Equity Build-Up       MSP          MSP Plus    
                 MSP                  MSP      Split-Pay  Opt #2    Opt #3 
      Current  Split-Pay   Current  Split-Pay     Diff.     $25       $50  
  1   233,824               2,176                                           
  5   223,297   218,500    12,703     17,500      4,797   217,332   216,165
 10   204,836   184,383    31,164     51,617     20,453   178,762   173,141
 15   178,006   134,800    57,994    101,200     43,206   122,708   110,616
 21   129,309    44,807   106,691    191,193     84,502    20,969  PAID OFF
 22   118,851    25,480   117,149    210,520     93,371  PAID OFF          
 23   107,581     4,652   128,419    231,348    102,928                    
 24    95,436  PAID OFF   140,564    236,000   PAID OFF                    
 30  PAID OFF             236,000                                          


Client:  J.Y.
Summary of Year by Year Amortization Schedule
                  CURRENT MORTGAGE     MSP        MSP PLUS     PROGRAM 
                                    SPLIT-PAY      OPT #2       OPT #3 
                   ---------------- ---------    ---------    ---------
PAID OFF IN :             30 YRS     23.3 YRS       22 YRS       21 YRS
INTEREST SAVINGS :          NONE      $88,584     $104,092     $117,298
TOTAL INTEREST :        $358,049     $269,465     $253,957     $240,751
GROSS PAYMENTS SAVED :      NONE           81           96          108
GROSS PAYMENT SAVINGS :     NONE     $183,524     $217,510     $244,699
EQUIVALENT INTEREST RATE    7.5%       5.875%       5.625%       5.375%
AVG YEARLY INT SAVINGS :    NONE       $3,810       $4,731       $5,586
AVG MONTHLY INT SAVINGS :   NONE         $318         $394         $465


Note: J.Y. saves an average of $465 every month during the entire 21 year mortgage term. How much can you save on your mortgage?

Request a Free Customized Mortgage Analysis


The Mortgage Medics' Program converts traditional bank mortgages (such as 30-year fixed mortgages), to a biweekly or semimonthly mortgage schedule (depending on your preference).

What would you expect to pay for a package containing valuable services that saves homeowners tens of thousands of dollars?
Source: The New York Times, October 22, 1988

Both fees, the percentage fee and the flat fee, are reasonable,
considering the savings and investment returns delivered.


The Mortgage Medics' Program is a unique combination of services, including many exclusive differences. We are committed to complete customer satisfaction, and saving consumers as much money as possible.

Through The Mortgage Medics' Program, clients can literally earn back their entire enrollment fee, and make a profit from our Referral Commission Programs.


No matter how great your savings, the standard one-time enrollment fee to obtain all of the valuable services described on our pages, is just $395. Discounts on our standard enrollment fee are available every day. Every person who requests a Free Customized Mortgage Analysis has the opportunity to claim a discount.

Our Featured Clients save more money in interest in just a few months on The Mortgage Medics' Program than the entire cost of the enrollment fee. (And they continue to save this amount every month during the entire time they pay on their homes.)


Free Customized Mortgage Analysis


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Probe Consultants assists consumers in the rapid payoff of their loans, through principal prepayment, automatic electronic debiting, annual loan audit, and exclusive benefits not found in other biweekly and semimonthly loan reduction programs, including a $1,000 savings guarantee, a secure loan analysis request form, and one-business day turnaround time on loan analysis requests.   This page is part of The Mortgage Medics' Tour.


The Mortgage Medics is a division of:
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