How to Reduce Mortgage Stress

Times are pretty tough at the minute and if everyone is like me, we all feel the financial pressure that is all around us. Power bills going up, car loan repayments, credit cards, school fees, council rates and then the mortgage payment on top of all that!

Does it have to be so crushing? Can it be made into something a little more affordable and free up some of that monthly or fortnightly cash-flow? Is there a better way?

My suggestion is that if you haven't had a professional Home Loan Consultant look over your situation since you first took out your home loan, then it's time you did so!

There are many ways you can "structure" your loan to take advantage of the current low interest rates, based on the equity you have probably established in your home, since purchase. A split loan combination combining all the features and benefits of both variable and fixed interest could dramatically alter your life, if you've just been bashing away at that original mortgage - it could also reduce your home loan repayment by hundreds of dollars, each month!

If you have a Home Loan Consultant you know, then it's time to get in touch and get them to review your financial situation and make the most of the current financial climate, before the pendulum starts to swing back the other way!

Alternatively, if you're not in contact with a mortgage professional, feel free to contact me and I can put you in touch with someone who can assist.