Page 112 - The-Mortgage-Maximiser-Method-by-Thomas-Ilinkovski
P. 112
Note: tŚĞŶ Ă ƌĞƋƵĞƐƚ ůŝŬĞ ƚŚŝƐ ĐŽŵĞƐ ĨƌŽŵ LJŽƵƌ ďƌŽŬĞƌ͕ ŝƚ ĐĂƌƌŝĞƐ
ŵŽƌĞ ǁĞŝŐŚƚ ǁŝƚŚ ƚŚĞ ůĞŶĚĞƌ ĂƐ ƚŚĞLJ ŬŶŽǁ LJŽƵ ŵƵƐƚ ďĞ ƐĞƌŝŽƵƐ ĂďŽƵƚ
ůŽŽŬŝŶŐ ĂƌŽƵŶĚ ĨŽƌ Ă ďĞƩĞƌ ĚĞĂů͘
Hot Tip: >ĞŶĚĞƌ ƌĞďĂƚĞƐ ĂƌĞ Ă ĐĂƐŚ ŝŶĐĞŶƟǀĞ ŽīĞƌĞĚ ďLJ ƐŽŵĞ ůĞŶĚĞƌƐ
ƚŽ ĞŶƟĐĞ LJŽƵ ƚŽ ƌĞĮŶĂŶĐĞ LJŽƵƌ ŚŽŵĞ ůŽĂŶ ĨƌŽŵ LJŽƵƌ ĐƵƌƌĞŶƚ ůĞŶĚĞƌ
ƚŽ ƚŚĞ ŶĞǁ ůĞŶĚĞƌ͘ ƚ ƚŚĞ ƟŵĞ ŽĨ ǁƌŝƟŶŐ͕ ƚŚĞƌĞ ǁĞƌĞ ůĞŶĚĞƌ ƌĞďĂƚĞƐ
ĂǀĂŝůĂďůĞ ƌĂŶŐŝŶŐ ĨƌŽŵ Ă ĐĂƐŚ ƉĂLJŵĞŶƚ ŽĨ ΨϮ͕ϱϬϬ ƚŽ ϯϬϬ͕ϬϬϬ ĨƌĞƋƵĞŶƚ
ŇLJĞƌ ƉŽŝŶƚƐ͘
zŽƵ ŵŝŐŚƚ ĮŶĚ ƚŚĂƚ ƚŚĞƐĞ ƌĞďĂƚĞƐ ĂƌĞ ŽŶůLJ ŽīĞƌĞĚ ďLJ ƚŚĞ ŵĂũŽƌ
ůĞŶĚĞƌƐ ǁŚŽ ǁŝůů ŝŶ ŵŽƐƚ ĐĂƐĞƐ ŚĂǀĞ ĂŶŶƵĂů ĨĞĞƐ ĂŶĚ ŚŝŐŚĞƌ ŝŶƚĞƌĞƐƚ
ƌĂƚĞƐ ƚŚĂŶ ƚŚŽƐĞ ŽŶ ŽīĞƌ ĨƌŽŵ ƐŵĂůůĞƌ ůĞŶĚĞƌƐ ǁŚŽ ĂƌĞ ŶŽƚ ŽīĞƌŝŶŐ
Ă ƌĞďĂƚĞ͘ tŚŝůĞ ƚŚĞ ƌĞďĂƚĞ ĐĂŶ ďĞ ĂƩƌĂĐƟǀĞ͕ ŝƚ ŝƐ ŝŵƉŽƌƚĂŶƚ ƚŽ ƌĞǀŝĞǁ
ƚŚĞ ŽǀĞƌĂůů ŽīĞƌ ĂƐ ŝƚ ŵĂLJ ďĞ ĐŚĞĂƉĞƌ ƚŽ ŐŽ ǁŝƚŚ Ă ĐŚĞĂƉĞƌ ƌĂƚĞ ǁŝƚŚ
no rebate.
• Increase your monthly repayment
tŚŝůĞ LJŽƵƌ ďĂŶŬ ŚĂƐ ƐĞƚ ƵƉ Ă ŵŽŶƚŚůLJ ĚŝƌĞĐƚ ĚĞďŝƚ ƚŚĂƚ ǁŝůů ĐŽǀĞƌ
LJŽƵƌ ŵŝŶŝŵƵŵ ƌĞƋƵŝƌĞĚ ƌĞƉĂLJŵĞŶƚ͕ LJŽƵ ŚĂǀĞ ƚŚĞ ƉŽǁĞƌ ƚŽ ƚŽƉ ƚŚĂƚ
ƵƉ͘ :ƵƐƚ ďLJ ĂĚĚŝŶŐ Ă ůŝƩůĞ ĞdžƚƌĂ ĞĂĐŚ ŵŽŶƚŚ͕ LJŽƵ ĐĂŶ ĐƵƚ ďĂĐŬ ƚŚĞ ϮϱͲ
to 30-year commitment to your mortgage and be free of it sooner
because you are reducing the principal amount of your loan and
ƚŚĞƌĞĨŽƌĞ ƚŚĞ ĂŵŽƵŶƚ ŽĨ ŝŶƚĞƌĞƐƚ LJŽƵ ǁŝůů ďĞ ĐŚĂƌŐĞĚ ĨŽƌ ĞĂĐŚ ŵŽŶƚŚ͘
111