Refinancing Case Study – Renee
Here’s an 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.
|Balance Owing Before Monthly Repayment|
|Type of Asset/Liability||Refinancing||Before Refinancing|
|Total Monthly Repayments||$2,233|
After Renee refinanced with NSW Mortgage Corp:
|Her New Monthly Repayment||$1,283|