Plan to minimize spending that’s racking up interest on credit cards/unsecured loans

Many people suffer from post-New Year’s hangovers as their holiday spending account statement begin to arrive in their mail/inbox. This year start the year off with a plan to minimize your monthly expenses and your interest carrying costs by conducting a no-cost, no obligation financial checkup with your Canadian Mortgage Experts Advisor.

They are uniquely equipped to provide both mortgage, unsecured and RSP loan options to assist you in having a plan for 2013…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 $1670 and an ability to reduce their mortgage amortization by 10 years.

Before	Balance	Payments After	Balance	Payments
Mortgage	$250,000	$1390.00	$300.00	$1434.00
Car Loan	$15,000	$439.00	$0	$0
Credit Cards	$25,000	$750.00	$0	$0
RSP Loans	$10,000	$525.00	$0	$0
Total	$300,000	$3104.00	$300,000	$1434.00

Monthly Savings of $1670!

You can use these savings to eas your monthly cash flow, and/or apply it to pay your mortgage down faster! For example, by putting $800 of the $1670 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.

Canadian Mortgage Experts Advisors who have access to low rate Visa Cards with initial rates as low as 4.9% and ongoing rates as low as 9.9%. These Visa Cards are specially designed to help you minimize your interest costs if a new mortgage advance cannot completely payout your higher interest debt.

Get a financial check-up from a mortgage broker

Start the New Year right with a no cost, no obligation financial check-up with your CME Advisor. Call Vancouver Mortgage Broker Rebecca Awram at 604-612-2382 for more information.

Vancouver BC Mortgage Brokers

DLC Canadian Mortgage Experts
17650 66A Ave, Surrey, BC V3S 4S4
(604) 614-2382
https://bc.communitylendingcentre.com/