Here at Gallagher, there are a number of different strategies we can recommend to help free up your cash flow and allow for extra mortgage repayments. In an ideal world, we would all be mortgage-free before retirement, so if that is one of your goals, give us a call.
If you purchase a property and only repay the minimum monthly amount for 30 years, you will be likely to pay the purchase price in interest again, essentially doubling the purchase cost! If one of your goals is to pay off your mortgage as quickly as possible, we would love to help!
Developing a realistic budget requires effort and active involvement in order to assess your financial position. If you are trying to find extra money to invest to meet your financial goals, then budgeting is essential to develop a realistic spending and saving plan. The Gallagher team can help to determine your current financial position, assess your spending habits and create strategies to reduce unnecessary expenditure. Together, we can develop a budget which is achievable in order to meet your goals.
We are passionate about helping our clients to stop living from week to week and to get ahead financially!
Gallagher Tip: Use the Mortgage Calculator Tool to pay off your home loan sooner.