Browse Forums Home Finance Re: Saving on your mortgage 4Jun 20, 2006 11:00 am The blog of my home being built: http://glint-bladesong.blogspot.com/ Re: Saving on your mortgage 10Jun 24, 2006 12:39 pm Wayne www.alphamortgagesolutions.com.au info@alphamortgagesolutions.com.au Contact us for a free consultation for advice on how to structure your loan for maximum benefit Re: Saving on your mortgage 14Jan 27, 2007 5:43 pm Wayne www.alphamortgagesolutions.com.au info@alphamortgagesolutions.com.au Contact us for a free consultation for advice on how to structure your loan for maximum benefit Re: Saving on your mortgage 19Apr 16, 2008 4:40 pm Hi all,
Its pretty easy to cut your mortgage down, for example as previously mentioned on a $250K loan change to fortnightly repayments, this can cut up to 8 years and around $160K in interest. I know what your saying about lines of credit boomer althougn for the general population who are not very well disciplined with their money they can be a nightmare, I regularly refinace clients from OFI's into regular home loan products, recently had a client who had a LOC for 8 years and hadnt paid a cent off their mortgage and didnt know why?? Sometimes a small line of credit may be good alongside a standard home loan product, if someone has proven to themselves they can handle this type of loan they can then opt to change it to cover the total aggregated amount, just my opinion but i feel more comfortable recommending my clients go this way rather than the 'try it and see approach' Cheers Troy Re: Saving on your mortgage 20Jul 24, 2008 9:37 am ashlee - by your spelling (of "mom") and some of the things you mention (like college) - I am going to presume that you are somewhere in North America.
this is an aussie site - so I'm not sure how many people are going to be able to give you some good suggestions about where to get a loan. I've always found Suze Orman's website and books full of good advice. After 4 years - we're in! brokers will also be in a position to get you a better rate than the advertised rate most times. 6 7534 Thanks mate. Yeah good points! Leaning towards Option 3 to get a bit extra space in the cabinets but not going too crazy high (and expensive). Would require a mini… 13 39279 Broker here - legislation says that every true broker must put the clients best interests before theirs so in theory they must offer you the best options for you on their… 2 45940 |