Paying Off Debt with Your House

by Tim Hart | Sep 28, 2021 12:15:00 PM

Saving BIG!

We recently did a video on how I was able to save a borrower $1,930 a month with a cash out refinance.

I am happy to say, we are back at it!

We were able to use the equity in their home to pay off credit cards and current mortgage to save them $2,262 a month!

 Let me say it again ……. $2,262 a month in savings! That is life changing!

Guide to Getting Out of Debt Fast - Personify Financial

 

By using the equity in their home to take cash out, we were able to pay off debts including an installment loan and

credit cards totaling $2,802

ALL PAID OFF!

This changed their monthly payments BIG TIME !

Monthly Payments

Old Life                 $4,485

New Life              $2,223

Not to mention that we found by changing from a 30 year to a 15 year term, they were going to save an additional $59k over the life of the loan!

If you want to see more about the breakdown head over to our YouTube channel and you can watch the full video!

LINK HERE!

If you have questions, or think this loan might be a good fit for you or someone you know give me a call 239-437-4278!

 

 



Born and raised in Southwest Florida, I have been in the Mortgage business since 2001 I'm a grizzly, battle tested mortgage veteran. I am also the Host of Rates & Reels, which is the most popular fishing show in Southwest Florida, hosted by a guy named Tim. In my spare time I love spending time with my family, coaching baseball, and anything else my kids or wife want me to do. I would be happy to help you or someone you know with any of your Mortgage needs.

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