What is Flexible Mortgage account?

The flexible mortgage account is a fairly new way of paying your debts. The way it works is this: this account combines all the debts and merges with the savings and chequing account, in the end there will be one big consolidation account with low interest rate. With this account you can pay off years ahead your debt. Interests are calculated every day and when your savings is next to your debt then the money you owe is smaller thus you pay less interest so essentially your saving money.