Here’s just one example of how we helped a satisfied client to refinance and save thousands of dollars:
Renee, a single mother of 2 young children, was finding it quite difficult to maintain her growing monthly financial commitments, so she gave NSW Mortgage Corp a call to help determine her loan options. After getting a good understanding of her individual situation, we agreed that refinancing her home loan was her best option, as she was also able to consolidate her high-interest debts into her new loan.
We did the time consuming research for Renee, and as a result were able to offer her a loan through refinancing that better suited her new requirements, and included the loan features she wanted. By refinancing Renee’s home loan, we were able to save her over $950 a month, that’s $11,400 at the end of just one year. Needless to say she was amazed at this outcome.
Before refinancing:
|
Type of Asset/Liability
|
Balance Owing Before Refinancing
|
Monthly Repayments Before Refinancing
|
|
Home Loan
|
$112,00
|
$770
|
|
Personal Loan
|
$17,700
|
$560
|
|
Personal Loan
|
$12,000
|
$280
|
|
Credit Card
|
$5,500
|
$180
|
|
Credit Card
|
$8,800
|
$254
|
|
Store Card
|
$6,300
|
$189
|
|
Total Monthly Repayments:
|
$2,233
|
After Renee refinanced with NSW Mortgage Corp:
|
Her New Monthly Repayment:
|
$1,283 |
|
Monthly Savings:
|
$950
|
|
Yearly Savings:
|
$11,400
|