MEDIA RELEASE – FOR IMMEDIATE RELEASE
How to pay your home off in
half the time
Monday, November 8, 2010
Want to save hundreds of thousands of dollars on your mortgage?
It might seem like an impossibility, but there are ways to do it. And with
interest rates on the rise, there’s never been a better time to look at how you
can make inroads into your mortgage debts.
“Many homeowners are looking at paying at least $400,000 to $500,000 in
interest over the life of the average home loan,” says API deputy editor
Vanessa De Groot. “But you can save yourself a heap of money by paying off
your home in half the time.
“Paying an extra $100 or $200 a week in repayments can slash the life of your
loan dramatically and just making more frequent payments can do the same.”
In this special report, API looks at ways to fast-track home ownership and
explains why paying off your home in half the time can be a powerful strategy
in creating property wealth.
Included are a list of tips to repay your loan in record time and the pitfalls to
avoid.
“Experts agree that the key ingredients in minimising your interest bill are:
taking out the right loan in the first place, exercising financial discipline and
knowing some ‘tricks of the trade’,” says De Groot.
###ENDS
For more information on how to pay off your home loan in half the time and
create wealth by doing so, please contact:
Eynas Brodie
Editor, API
W: (07) 3720 9422 / E: editor@apimagazine.com.au
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