Get Out of Debt
Are You Drowning In Bills?
If your debt is getting out of hand, you need to develop a strategy for getting out from under your high-interest debt payments. By combining all of your high-interest credit cards, car loan, and consumer loans into a new first mortgage and stretching the repayment period, you can lower your total monthly payments dramatically.
In the above table, you can choose to add one more step.
By paying the $1,594 monthly cash savings towards your mortgage, you can expect to be mortgage-free in eight years and four months.
In this example restructuring liabilities will be pay off ALL debt, including the remaining 28 years on the mortgage, in eight years and four months, spending the same amount monthly for a total savings of $280,400 in interest expense! If you have debt and equity, call us. There is a good possibility you too can be mortgage- and debt-free in less than ten years and spend no more money than what you are now spending!
May 29th, 2007 at 7:10 pm
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