
Paying Your Home Loan Fast!
Crush Debt, Breathe Easy: Pay Loans First.
Don't Let Debt Drag You Down: Conquer Loans First.
So you’ve got yourself a Home Loan and generally it will come with a 30 year loan term. Based on a $400,000.00 home loan at 3% you’d be expected to pay interest of over $206,000.00!
Thats a lot of interest don’t you agree? Well it doesn’t have to be this way. And we will show you why?
Generally what happens is most people will just repay the minimum repayment and follow their loan for the next 30 years, never really getting on top of the situation.
We however, like to educate our clients on how to use their money better to ensure you end up paying a lot less interest and therefor paying off your Home Loan early. Both outcomes go hand in hand.


Let's do an example;
Say your net household income is $10,000.00 per month (After tax) and you have a $400,000.00 home loan.
Your stated repayments are $1,686.00 per month (3% home loan) and your monthly bills outside of your home loan (Food, Utilities, Insurances, Entertainment etc) is $6000.00 per month. It is likely you are wasting around $2,300.00 per month. If we re-work the way you budget and use your home loan, we can put the additional funds into an “offset” account which will help you repay your loan in 9years and 7months, saving you around $147,000.00 in interest!
Now we expect this money will be much better off in your pocket than the banks!
Even making an additional repayment of $50 per week would save 5 years 2 months off your home loan and $40,000.00 in interest…..
The lesson – every dollar paid towards your home loan will save you interest.
Let us show you how this works for your unique circumstance.Write your text here...
Helping clients achieve financial freedom through tailored, faith-inspired solutions
Contact
Newsletter
rukmal@ntelligentaccountsandfinance.com.au
0423 547 547
© 2024. All rights reserved.
Intelligent Accounts and Finance Pty Ltd (543206) and Nalin (Rukmal) Wijesooriya (543205)are credit representatives of National Lending Group Pty Ltd, Australian Credit Licence 412778. ABN 39148919715


**This is general information and does not take your objectives, financial situation or needs into account. We provide credit assistance under the National Consumer Credit Protection Act 2009 (NCCP Act). Before acting, consider whether it’s appropriate for you. We will assess suitability and provide required disclosures before any recommendation. Fees, charges, and lender criteria apply. Past performance is not a reliable indicator of future results
45 Spencer Road Killara NSW 2071
