Default HubSpot Blog

Cash Out Refinance | Paying Off Debt | Getting Out Of Debt

Written by Tim Hart | Sep 28, 2021 4:15:00 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!

 

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!