To this point, most of our content has been about how to get a mortgage or buy a house. But what happens once you have actually got a mortgage?
Are you stuck with it for 30 years?
Or are there some ways to pay it down faster?
Yes, there are 3 main ways.
Depending on how actively or passively you want to manage your mortgage will depend on which one might be best for you. Or a combination of the three.
These are
1. Making more than the minimum repayments
2. Making lump sum repayments
3. Utilising a revolving credit account correctly.
Have a listen to see which is best for you and then chat with us to confirm and see if we can offer you any other guidance.
Hello@tanta.co.nz
Or if you don't have a mortgage yet, but want one.. then email us too!