By refinancing and consolidating all of your debts into one affordable loan you can:-
a) Convert high interest rate debts to home loan rates.
b) Reduce your overall payments dramatically.
c) Regain a decent lifestyle without the ever present burden of meeting numerous high credit commitments.
d) Perhaps even release some equity to use for investment purposes, a new car, an overseas trip, children's education, infact for any worthwhile purpose.
EXAMPLE (Taken from actual client data)
Brian and Sue had recently taken out a mortgage of $176,500 which still had 29 years to run at payments of $1,183 per month.
They also had a car loan of $15,203 and were paying $357 per month on it. Plus, they had two credit cards booked up to limit of $12,000 and were only meeting the minimum payments of $360 per month.
All up they were paying out over $1,900 per month and struggling to make ends meet.
By refinancing and paying out all of their debts, they now only have to pay a minimum of $1,212 per month.
That gave them an extra $8,256 per year to come and go on.
For Brian and Sue it was just like getting a $158 per week tax free payrise!!!
Incidentally, if they put the extra free funds straight back into their mortgage they will be debt free and own their home in under half the time that was previously the case. They will also save over $117,000 in interest alone, and be debt free in less than fourteen years!!!
HOW MUCH COULD WE SAVE YOU? Click here to find out. |