Whittling Down Debts

I am always on the look out for ways to whittle down our debts. One bill I dread seeing every month is our mortgage bill. Despite the huge monthly payment we make our balance never seems to go down substantially. In my investigations of other mortgage options I found a type of mortgage called a One Account Mortgage. This really peaked my interest because it is described as being a really flexible mortgage that seeks to help you shrink mortgage debts quickly and pay less interest in the process. The One Account mortgage combines mortgage and salary (and, if desired,savings) into one place. This enables puts money to work quickly to reduce the balance to which interest charges are being applied. The One Account allows you to stop the program if you need to make smaller payment or pay off the mortgage early with no penalties. This is great for those times in life when money is tight or there is extra to go around. The One Account seems like a really flexible product that puts the home owner in the driver's seat to pay down their mortgage debt quickly!