Refinance / Debt Consolidation

Refinance / Debt Consolidation

Reviewing and comparing your current home loan with market options can lead to substantial savings. By conducting a thorough health check, we help you avoid paying excess interest and connect you with a lender who prioritizes your best interests. This ensures you get the most favorable loan terms available.

How can you save thousands of dollars by refinancing?

Lower repayment amounts  – You benefit from a lower interest rate, leading to reduced repayments and increased cash flow.

Faster debt repayment – Aligning your goals with your home loan lets you make extra repayments and pay off debt faster.

Obtaining equity – As your home’s value rises, refinancing can unlock equity for renovations, investing in another property, or taking a vacation.

Pay Off Debts – Here’s a great option: refinancing can consolidate car loans, personal loans, and credit cards into one monthly payment, freeing up cash.

Paying Mr. and Mrs. A is a good example.

$2187 for a $500k mortgage at 3.29%

$770 towards a $45,000 car loan balance

$900 towards a $40k balance personal loan

Once all of their debts were refinanced at 2.49%

$585k at 2.49% equals $2308 a month.

Saving $18588 annually or $1549 per month