“One-Two” punch your home loan.

Achieving anything worthwhile starts with a single thought.

So, I have to ask you, when was the last time you thought about achieving something worthwhile? And did you achieve it?

Some people get so defensive when they get asked these questions.

But in reality…

It makes us so happy when we can help our clients achieve something worthwhile like paying off their home loan faster and easier, savings them thousands if not hundreds of thousands of dollars along the way.

Take a minute to think about your home loan. How much of your income is going towards your home loan repayments? Is it 40%? 50%? 60%? More? And for how many years do you need to keep it up for?

Imagine what your life could be like when you do not have to pay it anymore.

As Muhammad says, “if my heart can believe it- then I can achieve it” so what better way to believe it than to listen to what others have done and are getting the result of shaving years off their home loan.

Take John and Lisa.

While those aren’t their real names, they are two real clients of ours.

The couple simply wanted a better life for their two young children.

Specifically, they wanted to have more financially so they could give their children more options in life.

By following a simple, proven, two-step process, that Muhammad Ali might have associated with a “one-two punch combo” they are on track to shave 9 years off their home loan and $380,801 in interest. This has laid a platform for them from which to build their wealth.

Step 1- they refinanced their loan, saving them just over 1% on their interest rate.

Step 2- they agreed to make an extra repayment on their home loan by a) using their savings gained by refinancing and b) kick in an extra $220 a month.

Surprisingly for them, finding the extra $220 was not particularly hard when they took a closer look at their household budget.

They noticed that they were able to save money on some of their household bills by simply changing providers and were happy to have their breakfast at home instead of buying it at work which was a daily thing for them.

This has allowed them to start planning for the future and turn dreams for their children into a reality.

If you would like to see how many years you could shave off your home loan with the simple, proven, two step process outlined above or find out about other strategies, let’s talk.

Have a great week!

The Team at Build & Protect Financial Services