Sample report - part of the structure process for every new home lending client.
We want to help you out of debt quicker. Before we get into
all the tips and info on how to do it, lets look at the difference
it could make to you.
Here is the forecasted interest cost difference for
a home loan over 30 years (scenerio 1) and after our recomended
structure(scenerio 2). This was for a loan of $350,000.
Does $200,000 seem like a big difference? It is, look at
the effect on the term below. We went through a budgeting
process with this client and structured the loan in a way
so his daily cheque account balance could be utilized to lower
his home loan cost. This clients minimum mortgage payments
stayed around the same, but we discovered the client was able
to leave an additional $70 per week inside the mortgage account.
These extra amounts could be taken back if needed, ofcourse
this would impact the term and interest costs by the amount
the client took back.
Imagine no mortgage repayments, this is one example, your
results could be even better.
Click here to ask for
more info.
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