What Is Refinancing?
By using the equity you have built up in your home, you can refinance your home loan to reduce your monthly payments, lower the interest rates, create access to cash withdrawals, or simply save you money by consolidating debts.
Advantages of Refinancing
* Save Money: One of the main advantages of refinancing is to reduce the interest rate. Undoubtedly, a lower interest rate can have an enormous effect on monthly payments and potentially save you hundreds of dollars a year.
* Achieve New Goals: Life is also about constant change and often, as people move forward in their careers and earn more money, they are able to fulfil their financial commitments with more ease. This is when you may find that your current home loan no longer meets your goals and needs.
* Manage Your Debts: The interest rate on a home loan is usually very much lower than credit card interest rates. This allows you to save an enormous amount of money on interest charges and enables you to pay off your credit card debt (s) sooner.
* Extra Cash: Many people refinance to obtain cash to buy a new car, pay for a holiday, renovate their home or make any worthwhile payment for your kid�s education.
Investment Opportunity: You can use the equity in your home to build wealth by purchasing an investment property or seeking other available areas of investment.
Call Brian Doyle TODAY on 0413 870 300 for a complimentary 15-minute no-obligation telephone consultation OR ENQUIRE AT : http://www.therefiguy.com.au/contact-us/
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Ashmore, QLD, 4214
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