Getting Out of Debt
No matter how well your lender or mortgage broker set your home loan up, it is very likely that it is costing you a lot more than it needs to.
If you add the total interest you will be paying on top of the principal you borrowed, you are probably paying for your home more than twice.
All that interest holds you back. For example, many NZers don't complete their mortgage till they are near retirement, leaving not enough time to invest for their retirement. Meantime, hard-earned dollars have been diverted from themselves and their family.
Now, it's only right that your lender should get a fair return on their investment. But how much is fair?
And the interesting thing is that so much of this interest is totally unnecessary. Just how much this is varies from client to client, and it is not something you can calculate precisely without the right tools.
This bad news is that you can't recover the unnecessary interest you have already paid, but the good news is that you can stop paying it from now on.
To do this, your loans have to be restructured so they can release the unnecessary interest that is locked into them. Then the loans have to be managed through time as your circumstances change. Again, without the right tools, guidance and support, it is not easy to release the maximum unnecessary interest.
This is where we come in. We have the tools to identify the amount of unnecessary interest, identify where it is locked in, design for you a personalised loan structure that will release the absolute maximum of the future unnecessary interest, help you place that structure with the best lender for you, and most importantly work with you through time till it has gone.
A personal Finance Manager
The support of the Finance Manager is at the heart of our programme. Every client has a dedicated Finance Manager who is your personal money coach, making sure the plan stays up to date, and advising you as your circumstances change.
They are in touch with you on a regular basis, without taking up too much of your valuable time. Of course, they are available for you to contact if you have any questions or if your circumstances change. They can be contacted by phone, by email or via this website.
How does the facility work?
Your customised loan facility is set up using everyday loan products so that you can combine the best features of them. They will then work to your advantage, rather than the lenders. We have spent a lot of time developing a system that does not put you at risk.
For most clients, the components are a flexible loan facility and one or more principal and interest loans, but the structure does vary according to your circumstances. To understand more about how this works, we do recommend that you get an obligation-free 45-minute home presentation.
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