Debt Consolidation

Debt consolidation loans have been the most popular loan for many years. Combining all of your non-tax deductible interest debt into your home mortgage can save you hundreds of dollars in interest every year.

The average credit card balance in the United States is $10,000. If you were to pay the minumum payment every month to this balance at a rate of 18%, your credit card would be paid off in 48 years and your total number of payments would be over $33,000.

This is why it makes sense to consolidate your high non-tax deductible interest debt into your home mortgage. Your interest becomes tax-deductible* and you have more cashflow each month.

* please consult your tax advisor