Saturday, 11 February 2012
Monday, 5 September 2011
WHY YOU SHOULD HAVE A MORTGAGE REVIEW
Your mortgage as you are well aware is the single largest debt you have and of course that makes your home the single largest asset you will have once it's paid off. Having your mortgage reviewed with a licensed mortgage agent will show you where you can be saving money now.
However, did you know that a typical 25 yr amortized mortgage could cost you an additional 89% overall in interest at 6% assuming it never goes up (see below*). If you buy a house today with a mortgage of $250,000 that would be an additional $223,226 added on top of that, so your house when paid off would have cost you almost $473,226!! So if that is the value of your house at that time you made exactly nothing, zip, zero, nada!
HOW CAN YOU BETTER MANAGE YOUR MORTGAGE?
There are a number of ways you can pay your mortgage off quicker, some more effective than others. When you have a FREE Mortgage Review with me I will show you the most effective way to do this, and how you can do it in 5 to 7 years on a 25 year amortization, saving tens of thousands in interest. Money you could thereafter invest effectively at 8% annually for your retirement, post secondary education for the children, or whatever your heart desires. And I can show you how to do this right now without any additional burden to your monthly budget.
Reviewing Your Mortgage and Showing You How To Pay it Off Quickly and Begin Building Your Wealth Instead of Paying Debt is a Value Added Service I Provide for YOU!
Start paying off your mortgage at an accelerated rate while staying
within your current budget with your current monthly payments!
Terri M Valstar
(Omega Financial Services)
Rockfort Company Ltd.
905-937-1664 Niagara Region
416-304-4000 Toronto / GTA
Lic#1000093
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