Learn it yourself.
Or get
personal help.
There are three good ways to begin with H.E.A.P.™: run your own numbers in the H.E.A.P.™ app, learn the strategy through the book and educational resources, or get personal help reviewing your situation.
The H.E.A.P.™ Book
Have a few things handy.
You do not need to prepare a complicated financial statement. Having the following information nearby will make your H.E.A.P.™ analysis easier and more accurate.
1. Your Mortgage
- Current mortgage balance
- Monthly principal and interest payment
- Total monthly payment if taxes and insurance are included
- Current interest rate
- Original mortgage term, such as 15 or 30 years
- Approximate date the mortgage began
2. Your Monthly Obligations
- Auto loan balances and payments
- Other installment loans
- Credit-card balances and payments
- Average utilities
- Insurance payments and due dates
- Other recurring obligations
3. Everyday Spending
- Groceries
- Fuel and transportation
- Entertainment or personal spending
- Other routine cash expenditures
4. Occasional Expenses
- Tuition or education expenses
- Quarterly or annual bills
- Other significant non-monthly expenses
5. Your Income
- Take-home amount you receive each pay period
- How often you are paid
- Average overtime, bonuses, or other recurring income
Start with reasonable numbers. Accuracy helps, but everything does not have to be perfect before you begin. You can adjust your entries as you work through the H.E.A.P.™ process.
Create your account and start your analysis.
Create a H.E.A.P.™ client account below. Once your account is created, you can use the H.E.A.P.™ planning application to enter your mortgage and household information and explore the strategy using your own numbers.
Create Your H.E.A.P.™ Client Account
Choose the path that fits you.
Run Your Own Numbers
- Enter your mortgage information
- Use your own household numbers
- Explore your potential payoff path
- Review the results before deciding
Learn H.E.A.P.™ on Your Own
If you prefer to understand the concept first, start with the educational material and work through the strategy at your own pace.
- Read the H.E.A.P.™ book
- Review the free brochure
- See a worked example
- Explore the H.E.A.P.™ software
Work With a H.E.A.P.™ Advisor
A trained advisor can answer your questions and run numbers specific to your mortgage and household cash flow so you can evaluate the strategy for yourself.
- Use your actual mortgage information
- Review household income and expenses
- See potential payoff and interest differences
- Decide whether H.E.A.P.™ fits your situation
Gather a few basic financial details.
Accuracy matters, but the entries can be adjusted as you work through the process.
1. Mortgage Statement
Monthly principal and interest payment, total payment if taxes/insurance are included, current balance, approximate opening date, loan term, and current interest rate.
2. Monthly Budget
Auto loans, installment loans, credit cards, utilities, insurance, support obligations, dues, and other recurring expenses.
3. Monthly Cash Needs
Fuel, groceries, discretionary spending, and other normal day-to-day expenditures.
4. Non-Monthly Expenses
Annual or occasional costs such as tuition, insurance, taxes, or other large periodic expenses.
5. After-Tax Income
Your normal take-home pay, how often you are paid, and an average for overtime or bonuses when applicable.
WHAT HAPPENS NEXT
A straightforward process.
1
Gather Information
2
Run the Numbers
3
Review the Results
4
Make Your Decision
Prefer to understand the strategy first?
The H.E.A.P.™ book is the best place to start if you want the full explanation before speaking with anyone. It introduces the mortgage-acceleration concept and gives you the background to ask better questions and evaluate the approach intelligently.