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You have not understood the concept. Go to "Growmyequitytoday.com" for a real good explaination of this concept. Here they use an equity line of credit instead of credt card but either will work. The idea is that you deposit your $5000 into the equity account each month and pay your bills including mortgage from the equity account. Becasue you are writing checks for $4000 and depositing $5000,. your equity account always has a very small average balance and allow paydown fast. When it get down to a certan amount, you then make large payments to the mortgage every 4 or 5 months. In some cases, your mortgage is paid in 5 or 6 years instead of 30 and you save hundreds of thousands of dollars. The site i gae will explain.
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