|
The average American
household carries a fair amount of debt. Consider the example of Mr. and
Mrs. Homeowner. The Homeowners are currently paying $1043 a month to stay
current with various loans and credit cards. All these bills add up
to a burdensome monthly outflow for the Homeowners which doesn't even
include their first mortgage payment.
Look at the Homeowners
situation below. They have a lot of high interest debt and are making
several payments to various creditors. |
| Creditor |
Balance |
APR |
Current Payment |
| Credit
Card 1 |
$ 8,000 |
18% |
$ 240 |
| Credit
Card 2 |
8,500 |
18% |
283 |
| Auto
Loan |
16,000 |
10% |
320 |
| Dept.
Store |
1,500 |
21% |
75 |
| Bank
Card |
2,500 |
21% |
125 |
| TOTAL
DEBT |
$
36,500 |
|
$ 1043 |
|
|
| The Homeowners
would benefit from a debt consolidation loan. They can use
the equity in their home to consolidate their monthly bills and
reduce their high interest debt. With a debt consolidation mortgage loan from
Advise U Mortgage the Homeowners can save $565 a month! |
| Creditor |
Balance |
APR |
New
Payment |
|
Advise U Mortgage
|
$ 36,500 |
12.95%(1) |
$ 480 |
|
|
Savings |
$ 565 |
|
|
| Mr. and Mrs. Homeowner don't just want to consolidate their debts. They
have wanted to build a deck but have been unable to justify the
additional monthly payment for a home improvement loan. The
surprising fact is that extra money they need to make home
improvements and still pay less each month than they did without
financing their home improvements. By they have been dreaming
of. They have still relieved their family budget and are getting
their lives back on track by saving $387 a month. |
| Creditor |
Balance |
APR |
New
Payment |
|
Advise U Mortgage
|
$50,000 |
12.95%(2) |
$
656 |
|
|
Savings |
$
387 |
|
|
| Whether your lending needs are great or small, a debt consolidation loan is a convenient
and affordable way to reduce your monthly bills. To find out how a
debt consolidation loan from Advise U Mortgage can benefit your
household budget Get A Loan now or call 203-626-0363
toll free to speak with one of our friendly, knowledgeable loan
specialists who will provide you a personalized assessment of how
much you can save each month. |
|
(1)
$36,500 at an annual percentage rate of 12.95% for 360 months. This
is a sample rate; your individual rate will depend on the program
and your credit history.
(2)
$50,000 at an annual percentage rate of 12.95% for 360 months. This
is a sample rate; your individual rate will depend on the program
and your credit history. |
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