What you don’t know about your mortgage can cost you more than you think.
Own Your Home - Years Sooner
Paying off your mortgage and personal loans should be your first step in creating wealth
A Smart Money Loan™ can save tens of thousands of dollars and years off your mortgage. You can still enjoy the security of bank finance, but the balance is back in your favour as less of your repayments go towards interest and more goes to paying off loan principal.
They don’t even know where to start to change their circumstances.
The beliefs and thinking patterns they have developed, and continue to think, simply do not allow them the possibility of a financially FREE LIFE let alone a real road map that can actually be followed.
The example shown above is based on a typical mortgage of $150,000. With a traditional principal and interest loan at 7% over 25 years, the total interest paid is $163,181.
With a Smart Money Loan™ of $150,000 at 7% and after tax income around $3,900 per month and living expenses of $1,700 the loan can be paid in full in 7 years and 7 months with total interest being $43,171.
That's a saving of almost 18 years of mortgage repayments totaling $120,010.
Because a Smart Money Loan™ is part of a system that integrates your total financial needs there are a range of other benefits:
- Consolidate all your debts into one Smart Money Loan™ at low mortgage interest rates
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Smart Money provides a practical system to manage your income and expenditure so that your loan savings can be used to invest and build your wealth
- Smart Money can create significant tax savings multiplying your net savings.
The increased equity in your home can be used to build your assets and create tax deductible investments to further increase your wealth.
