Should I use my equity to take cash out of my home?



Evaluate good debt vs. bad debt!

There is no such thing as good debt.  It's still debt, yet tax deductible debt is certainly not as bad as debt that is not tax deductible (consult your tax professional).

If you can consolidate car loans, credit cards etc. into your mortgage payment, you can often save $500 - $1,500 a month (of course it depends on the level of your debt)

What if you saved $1,000 a month.  You would now have many more options in your life.

While most people would just spend the money, a little long term planning can go a long way.

What would happen if you enjoyed $500 a month and added the extra $500 a month to your principle?




What if you added the entire savings to your principle?

How many years would you cut off in payments - spending the same amount you spend monthly now?

Speak with Chris Trapani The Mortgage Pro of PrimeSource Mortgage and let him evaluate your savings.  You'll be glad you did!

310-350-2546 cell
888-890-6087 office






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