Connecticut mortgage report

When and Why to Refinance

A new report has just been released which explains in detail whens and whys you should refinance. This report can save you thousands and thousands of dollars in interest payments, tax deductions, and opportunity costs. It can also save you a lot of worry and head aches. Complete with detailed illustrations.

Learn how to calculate your true cash flow in and out of your household.

Learn strategies to maximize your tax deductions and eliminate credit card debt.

Learn when refinancing is not your best option.

Learn how to determine the best mortgage rate and terms for your individual situation. One size does not fit all!

Whether you are in a mortgage that is about to adjust upward, drowning in credit card debt, paying a higher rate than you'd like, or any other reason, this report analyzes and provides examples of when, how, and why to refinance your property.

P.S. Congress has enacted tax laws that make the transfer of debt from a non tax deductible source to a mortgage extremely advantageous but not in All situations. There are things that you must know and factors to consider to make the right decision. This report will guide you through the decision making process

Say you owe a total of $36,000 in credit card debt. Your current payment is $720. If you continue to make the minimum payments it will take you more than 30 years to payoff this debt. The total interest paid will be $118,375.

Debt Summary
	Amount Owed	Interest Rate	Monthly Payment
Credit cards	$36,000	19.60%	$720
Auto loans	$0	0.00%	$0
Other loans	$0	0.00%	$0
Totals	$36,000	19.60%	$720

Payment Schedule

Payment

Interest

Principal

Balance

$36,000

$720

$588

$132

$35,868

$717

$586

$132

$35,736

$715

$584

$131

$35,605

$712

$581

$131

$35,475

$709

$579

$130

$35,344

$707

$577

$130

$35,215

$704

$575

$129

$35,086

$702

$573

$129

$34,957

$699

$571

$128

$34,829

$697

$569

$128

$34,701

$694

$567

$127

$34,574

$691

$565

$127

$34,447