Here is a perfect example of how much is it possible to save on interest payments by refinancing a house to pay off debts.
Do you think you’re working just to pay off your debts?
Would you like to reduce your payments and save thousands of dollars? The chart below will help you understand how much money we can help you save for absolutely free.
Monthly payment
Interest paid per year
Mortgage ($100 000 @ 6,5%)
$ 670
$ 8 040
2nd mortgage ($30 000 @ 15%)
$ 650
$ 7 800
Credit card and other ($15 000)
$ 500
$ 6 000
Total
$ 1820
$ 21 840
Refinancing your mortgage ($150 000 at approx. 5%)
$ 893
$ 10 716
***YOU SAVE***
$ 927
$ 11 124
Here is a perfect example of how much is it possible to save on interest payments by refinancing a house to pay off debts.