So Unique it is Patent-Pending! - The HomePort patent-pending financing methods use a long term real estate loan to finance the purchase of your essential living services. The Financing results in a significant improvement in your monthly cash, you receive tax deductibility for your purchases and you will have the convenience of no bill paying!

Background - HomePort often hears that its patent-pending financing methods “defies logic and it doesn’t make any sense! Why would anyone finance an expense for thirty years that they use-up in five years! It just can’t work! Why would anyone do it?”

It Can’t Work! - In 2002 a noted financial advisor decided to prove the HomePort financing methods would not work! He created a financial analysis spread sheet that took into consideration all factors affecting the end result; interest costs, tax deductions, cash-flow calculations, interest on savings, etc. After creating and analyzing the results, he concluded that, in fact, the “HomePort financing methods create significant cash-savings and other benefits for the consumer.” A further analysis produced his explanation as to why it works. He stated, “The HomePort financing takes a recurring monthly expense; totals the expense for a specific period of time (5 years); finances the totaled amount using a simple interest, long term real estate loan; and invests the cash savings in an account paying compound interest.”

Simple Interest vs. Compound Interest - Simple interest is what is paid with a real estate loan. Compound interest is what is earned with a savings account. Using $100 as a starting point, a real estate loan charging 5.5% (simple) interest, a person would have paid $165 in interest at the end of 30 years. With $100 invested for 30 years earning 5.5% (compounded) interest, a person would have received $518 in interest!

What HomePort provides is the opportunity for you to pay your essential living services with simple interest financing, receive a tax deduction on the services resulting in a monthly cash increase, which you can use to save at compounded interest rates!