Interest savings may be hiding in your mortgage

 
Interest savings hiding in your mortgage | Assist My Realtor Blog | Brighton, MI
 

When you think of a mortgage loan, you typically think of interest costs. But if you consolidate other debts into your mortgage, you can start thinking of interest savings instead.

Most consumer debt carries a higher interest rate than home financing. If you have access to cash to pay off some of those debts – even at a slightly higher interest rate than your current mortgage – you can still save on overall interest expenditures.

Use your monthly savings to pay extra on your principal each month, you can pay off your mortgage faster and save even more!

We've built and have access to amazing tools that can help you see what you can save! Our debt consolidation calculator as well as various mortgage calculators can help illustrate what you could potentially save every month!

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