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Kate and Matt pay off their mortgage sooner

Kate and Matt have a $420,000 mortgage on their family home and came to see a Gold Leaf Financial Planner to see if they could repay their loan faster and pay less interest to the bank.  Working with their planner they looked at their spending and identified ways to save extra money each month.  Their adviser also recommended ways to structure their savings and loan to minimise the interest payable. 

Through making these changes, they will be able to save $70,000 interest over the life of the loan.  As they will be debt free years sooner, they will not have to worry about having a mortgage to repay.  At this time they will have thousands of dollars each year available to travel and to grow their wealth and savings for retirement.

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