NESARA
The National Economic Stabilization and Recovery Act

Monetary and fiscal policy reform that will double the standard of living for every American
within one generation and restore economic and social prosperity across the land.

 
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What’s In It For Me?
Converting a Loan to the new Section 7F loan

 

This worksheet shows what happens as loans are converted to the new banking laws.
For further details, read “NESARA—What’s In It For Me?—Don’t Have What You Don’t Want”
 

Your current conventional loan data

Assume the following four numbers from your current loan

Amount borrowed

$100,000

$100,000

$100,000

Term of loan in years

30

30

30

Annual interest rate (monetizing fee)

8.5

8.5

8.5

Number of monthly payments made to date

60

180

300

Repayment rate $/$/month

0.007689135

0.007689135

0.007689135

Monthly payment on your conventional loan

$768.91

$768.91

$768.91

Total amount repaid for loan

$276,808.85

$276,808.85

$276,808.85

Cost factor for the loan

2.768

2.768

2.768

Bank profit

$176,808.85

$176,808.85

$176,808.85

Bank profit averaged/month

$491.14

$491.14

$491.14

Retroactively calculate your loan using the new 7F rules

Monthly bank service fee

$25.00

$25.00

$25.00

Monthly payment minus monthly service fee

$743.91

$743.91

$743.91

New repayment rate $/$/month

0.007439135

0.007439135

0.007439135

Total original 7F loan repayment including service fee

$152,569.13

$152,569.13

$152,569.13

Cost factor for the 7F loan

1.526

1.526

1.526

Total number of 7F monthly payments

198.42

198.42

198.42

Number of 7F monthly payments remaining

138.42

18.42

0.00

Total 7F loan repayment remaining including service fee

$106,434.32

$14,164.70

$0.00

Evaluate your loan under the new 7F rules

Amount of conventional loan principal and interest paid to date

$46,134.81

$138,404.43

$230,674.05

Is the mortgage paid in full?

No

No

Yes

Is principal paid in full?

No

Yes

Yes

Amount still due

$106,434.32

$14,164.70

$0.00

Years remaining to close the new loan

11.54

1.54

0.00

Indentured servitude reduced by (years)

13.46

13.46

5.00

Amount you save

$124,239.73

$124,239.73

$46,134.81

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Greenwell Springs, Louisiana 70739
(225) 445–0623