Compared to a traditional mortgage you could save tens of thousands in interest AND pay off in half the time! And do it with no change to your spending habits!
With this new mortgage you deposit your payroll directly into the mortgage, dramatically driving down your principal balance. You pay all of your expenses out of the mortgage using the unlimited checks, ATM card and online bill-pay that comes with the account. While you're not using your money, it's keeping your loan balance lower, saving you 5-6% in interest, instead of earning only 1-2% or less in the bank!
Since less of your income is going towards interest, it leaves more money for principal, and you pay down faster - with no change to your spending habits!