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How to Save $61K on Your Home Loan by Doing This One Thing
Manage episode 485684430 series 2837129
In this Finance Friday edition of Wealth Coffee Chats, we unpack how a simple repayment strategy could save you over $61,000 in interest and shave years off your home loan. Discover the power of maintaining current repayment levels after a rate drop, why banks don’t always adjust your minimum repayments, and how brokers calculate your true borrowing capacity. With insights into HEMs, budgeting, and lender conversations, this episode equips you with practical tools to take control of your property finance journey. Don’t forget—Positive’s Property Summit is just around the corner!
428 episodes
Manage episode 485684430 series 2837129
In this Finance Friday edition of Wealth Coffee Chats, we unpack how a simple repayment strategy could save you over $61,000 in interest and shave years off your home loan. Discover the power of maintaining current repayment levels after a rate drop, why banks don’t always adjust your minimum repayments, and how brokers calculate your true borrowing capacity. With insights into HEMs, budgeting, and lender conversations, this episode equips you with practical tools to take control of your property finance journey. Don’t forget—Positive’s Property Summit is just around the corner!
428 episodes
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