Mortgage Reduction

Our mortgage reduction strategies are designed to help you pay off your home loan years earlier and grow wealth through property FASTER!

If you have an interest in paying off your home loan faster and being debt free as quickly as possible then we can show you how to save yourself tens of thousands, perhaps even hundreds of thousands of dollars in interest while building a solid property portfolio with increasing equity.

We have helped many people pay off their home loan in 2-5 years and grow wealth in property at the same time.

How can this be you ask???

The answer lies in the following key features.

• Making sure you have the correct loan product on your home loan with no penalties for unlimited repayments.
• Set up a self-capitalising line of credit to invest in property.
• All income goes into the home loan including rent, personal income and tax benefits which can be claimed weekly or fortnightly via PAYG Tax Variation.
• You then pay down the home loan (non tax-deductible debt) and the tax-deductible line of credit is increased to service the investment debt.
• As interest is calculated daily the home loan is greatly reduced, and you then enjoy the additional benefits of investing, such as growth.
• The home loan and line of credit are re-limited every 6 or 12 months.
• The Advanced Group will then monitor and support you to ensure that your budget is maintained.

A large part of the strategy is to invest in property. The Advanced Group is will provide the expertise to ensure that you are able to choose from a range of properties that meet with the following guidelines:

• Areas with expected capital growth and a good benchmark in sales.
• Areas with low rental vacancies and good facilities, schools, shops, large employers, etc.
• Newer properties, for less maintenance issues and maximum depreciation.
• Purchase at bank valuation to ensure value for money.
• Properties with good land content, as land appreciates in value and buildings depreciate in value.
• Properties with a good rental return.

Once the property is selected:

• The deposit and costs are then paid out of the line of credit.
• The property is set for interest only repayments.
• The income for the investment property (rent) is paid into the home loan along with the other income.
• If you are payg employee, we complete a payg tax variation so the tax deductions are claimed from day one.
• You are now reducing the tax you pay, paying off your home loan much faster and also growing wealth in property. Property grows at an average of 7-10% pa and you now have two properties exposed to this growth.