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Debt Consolidation

 

By consolidate all your debt such as current home mortgage, car loan, school loan, credit card loan, and other personal loans into ONE SIMPLE PAYMENT, you can stop paying for some of those high interest rates you owe and start SAVING!!

 

 

Debts commonly consolidate with home loan:

 

        2nd mortgage with high interest rate

        Car loans

        Old school loans

        Credit card debts

        Personal loans

 

 

Example of existing debts before consolidation:

Debt Type

Loan Balance

Monthly Payment

30-Year 2nd mortgage at 7%

$125,000

$831.63

Card loan (5 Years) at 5%

$35,000

$660.49

School loan at 9%, 10 years

$30,000

$380.03

Credit card debt

$7,700

$199.00

Total Debt

$197,700.00

$2,071.15

 

 

Result after consolidating all debts with home loan:

New Home Loan

Loan Balance

Monthly Payment

30-Year mortgage at 3.75%

$198,000.00

$916.97