Client Case Studies
The client case histories shown demonstrate three real life examples of typical interest savings.
The real question is how much could you save?
Let us show you how much hidden interest Smart Money can save you immediately.
Client Case Study 1
Paul and Lisa had a $150,000 mortgage over a 25 year term.
Smart Money discovered they would have paid total interest of $163,181 over this term, but with their after tax income of $3,900 per month and living expenses of $1,700 they could pay off their mortgage in full in less than 8 years with total interest of $43,171.
That’s a saving of almost 18 years of repayments totaling $120,010.
Client Case Study 2
John and Felicity were paying off several loans including credit cards, car repayments, a personal loan and a 25 year mortgage of $150,000 on their family home valued at $270,000. As well as the expense of different account fees their range of loans was also difficult to manage.
Smart Money showed them how they could combine all of their borrowings into one low cost loan saving them $425 a month in repayments.
With their net monthly income of $4,500 and fixed living expenses of $1,700 John and Felicity were able to save over $70,000 in accumulating interest and be debt free within eight years saving 17 years of repayments.
Peter and Barbara plan to buy a $180,000 investment property as a wealth creation strategy. Their family home is valued at $480,000 with a 26 year mortgage for $335,000.
Smart Money showed them how to structure their loan more effectively by borrowing $528,000 (80% of the properties combined value).
