Plan to minimize spending that’s racking up interest on credit cards/unsecured loans.
Many people suffer from
They are uniquely equipped to provide both mortgage, unsecured and RSP loan options to assist you in having a plan for 2020…and beyond.
As an example, please see before and after scenarios for clients that took steps to rid themselves of high interest debt, and their result was a monthly savings of $1700 and an ability to reduce their mortgage amortization by 10 years.
You can use these savings to ease your monthly cash flow, and/or apply it to pay your mortgage down faster! For example, by putting $800 of the $1700 of the new cash flow savings against the mortgage, you can reduce the amortization by 10 years and save almost $40,000 in interest over the mortgage term.