Debt Free First Home In 13 years

THE BREAK DOWN.

Purchase Price - $544,XXX

Stamp Duty - Waived due to building.

First Home Owners Grant - Received due to building.

Interest Rate - 4% Variable

Deposit - 20% - $108,800

Mortgage - $435,200

JOINT FINANCIAL STRUCTURE

THE RESULTS

WITHOUT ANY FURTHER PROPERTY PURCHASES

-$108,925 DEBT PAID OUT IN 160 WEEKS. (20% EQUITY DEPOSIT)

-TOTAL DEBT PAID OUT IN 13 YEARS

-INTEREST SAVING OF $236,712 AND A 17 YEAR SAVING ON THE TERM.

WITH 1 INVESTMENT PROPERTY PURCHASE AT YEAR 3

-$108,925 DEBT PAID OUT IN 160 WEEKS

-TOTAL DEBT PAID OUT IN 10 YEARS

-INTEREST SAVING OF $274,356 AND A 20 YEAR SAVING ON THE TERM.

-BUYING STRATEGIC INVESTMENTS SAVE YOU AROUND $10,000 TAX PER YEAR FOR 10 YEARS MEANING YOU HAVE ALSO TAKEN CONTROL OF AROUND $100,000 OF TAX.

-YOU WILL ALSO CREATE SUBSTANTIAL WEALTH TO CONTRIBUTE TO THE RETIREMENT SHORT FALL.

#WORKSMARTER

#EFFECTIVEUSEOFCASHFLOW

#DEBTREDUCTIONMASTERS


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