How much can you save?

When asked what the number one stress-point on household finances is, the answer is always “trying to save money”.

But there is a light at the end of the tunnel – home loan rates are the best we have seen.

It’s a big deal in Australia right now with consumer debt at an all-time high, the income to living expenses ratio at the worst we’ve seen, and the societal pressure we feel always to be doing something – and never miss out on the fun stuff.Ever. Do you know what your rate is? And what about your fee’s?Most people don’t.
And the competition between banks is fierce; they all want your business, and they are prepared to pass on enticing deals to win you over.
When we are trying to save money, what’s the first thing we usually give up? The fun stuff. The things we don’t “need” but help keep us happy (and healthy): the gym membership, the date nights (plus babysitter), the family holidays – you get the drift.
What if there was a better way to reduce your living expenses each month, without needing to sacrifice doing the things you love?
Here’s an example:Let’s say you have a mortgage of $500, 000 and your interest rate is 4.5% – meaning you pay ~$2533 (assuming a 30year term with Principle & Interest repayments).
If you refinanced that same debt to say, 3.79%, your repayments would decrease to $2326 per month ($207 in your pocket each month!).
Maybe you think, well that’s not much. So let’s look at the bigger picture:Over that 30year term, you would save $74, 335 in interest….
Even if you are comfortable with your current repayments, you can still save on the interest – effectively taking years off your home loan debt. Imagine that!
We get it – life gets pretty busy, and sometimes your Home Loan is the last thing on the list.We make it easy for you. We come to you, with simple systems to streamline the process for you. We do the work, so you can save.

Right now, that is one of the smartest ways to save money and free up household cash flow.”

Disclaimer: The example above is for illustrative purposes only. We don’t know your current situation, so we can only advise on the information you provide to us.

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