Rating: 
Summary: Not much of a secret
Review: Here is what this book says. Paying your mortgage off faster than your payment schedule will save you tens of thousands of dollars. True, but what is the time value of that money you spent on your mortgage? Could you have "made" more in the stock market or somewhere else? Yet the author belabors the point ad nauseam, giving examples about how much you can save paying a little more per month. Basically, he does not give the full story. When you pay off your loan early, you are also paying a net higher interest rate. Scim this book at the bookstore. The best secret is not buying this book!
Rating:
Summary: Not much of a secret
Review: Here is what this book says. Paying your mortgage off faster than your payment schedule will save you tens of thousands of dollars. True, but what is the time value of that money you spent on your mortgage? Could you have "made" more in the stock market or somewhere else? Yet the author belabors the point ad nauseam, giving examples about how much you can save paying a little more per month. Basically, he does not give the full story. When you pay off your loan early, you are also paying a net higher interest rate. Scim this book at the bookstore. The best secret is not buying this book!
Rating: 
Summary: Do not buy the audio tape of this book!!!
Review: I'm an avid audio tape listener and purchased the audio version of this book. It came in a generic case (like you'd buy to copy your own cassettes) with shabby wrapping and a couple of black and white stickers on it. It was so bad, I sent it back to Amazon. It may be worth $1.29, but not $12.95!!!
Rating: 
Summary: The Banker's Secret: how to save a bundle on your mortgage.
Review: Often called the "bible" on the subject, The Banker's Secret
explains why you should pre-pay your mortgage and credit card bills. The book will show you how to do it -- as well as how much money ... and time ... you'll save. For example,
invest $25 a month in the typical home loan, and you'll save $25,000, or more.
The Banker's Secret also answers key pre-payment questions:
"Will I lose my tax deductions?" "What about pre-payment
penalties?" "Should I have my loan converted to a bi-weekly?" (No!)
Note: The Banker's Secret includes 160 easy-to-use, money-
saving tables to help you design the pre-payment plan that's right for your family.
Rating:
Summary: Could have contained more secrets
Review: Pretty much everything that was said in this book was in my first choice (Invest in Yourself: Six Secrets to a Rich Life). If I would have known the book as going to be more than 80% tables, I would have never ordered it. Most of the information contained in this book can easily be found on the web. Needless to say, I was very disappointed with this book. I guess that's what happens when you buy online as opposed to in a bookstore. I could have flipped through this book in 20 or 30 seconds and realized that most of the pages were tables that needed more detail. What I found funny is that I received this book 2 whole days before I received my first choice and that's because my first choice supposedly was shipped before my second choice.
Rating:
Summary: Save thousands on your mortgage.
Review: Six billion dollars. That's a conservative estimate of how much Marc Eisenson's best-selling book and computer software --both called The Banker's Secret, and often cited as the "bible" of pre-paying -- have saved homeowners since 1984. Eisenson's developed this 30-minute cassette for all those people who still aren't pre-paying -- either because they're math-phobic or they mistakenly believe that it's too complicated. There's nothing to read or study, no small print, no applications to fill out. All you have to do is pop the cassette into your car stereo on the way to work, or into your Walkman next time you take a spin in the park. In thirty minutes you'll know everything you need to save a bundle. Pre-payment guru Eisenson is interviewed on the tape by credit expert Gerri Detweiler, author of The Ultiimate Credit Handbook, and co-author with Life (Wiley, 1998).
Rating: 
Summary: GET THIS BOOK! It will save you 10's of thousands of dollar
Review: The authors show you - in plain english -how you can save thousands on your mortgage by either "prepaying" or by paying your mortgage biweekly (or a combination of both stratagies). Although most banks will allow you to prepay (ie. pay extra towards your principal) each month, very few if any allow you to pay biweekly. One exception I know of is Primerica Financial Services, which is a division of Citigroup/Travelers Insurance. Anyway, as an example, simply paying biweekly on a 30 year, $100,000 loan at 7.5% fixed rate would save you over $40,000 in interest and shorten the loan life by more than 6 years. The book contains over a hundred pages of easy to use tables that show you what you'll save on loans ranging from $50-$500,000, using fixed or adjustable interest rates from 7.0% to 14.75% and using either the prepayment or biweekly payment stratagies. The authors also explain how these stratagies affect your home equity and taxes and how to avoid extra fees or penalties.
Rating:
Summary: GET THIS BOOK! It will save you tens of thousands of $$$$
Review: The authors tell you - in plain english - how to save thousands on your mortgage by either "prepaying" or paying your mortgage biweekly (or a combination of both). Although most banks will allow you to prepay (ie. pay extra towards the principal each month), very few if any allow you to pay biweekly. One exception I know of is Primerica Financial Services (a division of Citigroup/Travelers Insurance). Anyway, as an example, simply paying biweekly on a 30 year, $100,000 loan at 7.5% fixed rate would save you over $40,000 and shorten the loan life by over 6 years. The book contains hundreds of easy to use tables that show you what you'll save on loans ranging from $50-$500,000 and interest rates from 7% - 14.75% using either the prepayment or biweekly stratagies. The authors also explain the effect these stratagies will have on taxes and home equity as well as warn you about possible penalties and extra fees you can avoid.
Rating:
Summary: Could have contained more secrets
Review: This book provides excellent advice on what were until now--to many--secrets of the financial industry. Just a note on a previous review: many banks say they will NOT accept prepayment. I know of a way that every bank approves up, that saves homeowners thousands in unnecessary interest and cuts years from their mortgage. I'll gladly call or email anyone who sends an email on this subject.
Rating:
Summary: Good Advice!
Review: This book provides excellent advice on what were until now--to many--secrets of the financial industry. Just a note on a previous review: many banks say they will NOT accept prepayment. I know of a way that every bank approves up, that saves homeowners thousands in unnecessary interest and cuts years from their mortgage. I'll gladly call or email anyone who sends an email on this subject.
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