Joe's played with the actual Money Merge Account. If you would go to his site and read his widely underead series on the MMA, you would see his analysis of it with full screen shots. Do your credentials posted in #158 still work? If they do, then there is no need to PM.KenMc wrote: ↑JoeTaxpayer, are you not aware that with the Money Merge Account system you can actually run any number of different scenarios in order to determine the shortest time to payoff and least amount of interest remaining? You can, for example, delete the line of credit and compare the result by using just a savings and chequing account.
Perhaps it would be beneficial for you to log into the actual Money Merge Account for yourself...http://mma4.unitedfirstfinancial.com. Please PM me for my username & password.
Have you looked into my example when I used the Money Merge Account to run through 4 years worth of transactions that show a user has paid more total interest (mortgage and HELOC), has less in savings, and has more debt than someone who just sent their discretionary income to their mortgage?