Perfect Plans Mortgage

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Unlocking Cash Flow

12.04.24 02:06 PM By Angela - Comment(s)

Scenario:

Client has an impending mortgage renewal with an increase in interest rate from 2.58% to 7.09% plus considerable high interest debt.

Without Refinance:

·  Mortgage of $338,000

·  Existing lender offered, 2 year fixed, 30 yr amortization 7.09%

·  Monthly mortgage payment $240...