|
There is no magic secret to pay off your mortgage faster!
However, if you make regular additional repayments into your mortgage. IT WILL SAVE YOU THOUSANDS & REDUCE YOUR MORTGAGE BY YEARS!!!
But where does the extra cash come from?
By eliminating your credit card debt, utilizing the schredit card process, you have now freed up significant cash to plough into your mortgage.
An example based on a $5,000 credit card debt where the minimum monthly repayment was $100.
If we use the $100 in our example assuming a $300,000 mortgage at 7% over 30 years = $1996 per month repayment. Now add an extra $100 per month and you will SAVE $69,000 and take 4 years off your mortgage....add $300 per month and SAVE $150,000 in interest and take 9 years off your mortgage!
Schreditmortgage Calculator
What is the best mortgage product for me?
It is important to note that each individuals situation will vary. You will need a loan product that allows additional repayments with a redraw facility or 100% offset.
How do I set up a schredit mortgage?
Easy! A Pre Approved Finance consultant can guide you with the best suitable lenders and loan products provide examples and comparisons.
Best of all OUR PROFESSIONAL SERVICE IS FREE TO OUR CLIENTS.
For property purchase / refinancing & debt consolidation
PRE APROVED FINANCE PH: 1300 603 033 OR EMAIL: save@preapprovedfinance.com.au |