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720 credit score with $9,000 in negative equity wants to match their payment #bts #behindthescenes #dealershiplife
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TikTokgraceautogroup
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Most homeowners believe a mortgage is supposed to last 30 years. That belief alone costs people hundreds of thousands of dollars. It doesn’t have to be that way. With the right loan structure and cash-flow strategy, the timeline changes dramatically. In this case: • Mortgage balance: $394,250 • Traditional payoff: 29.9 years • Total interest: $466,569 Using the First Lien HELOC strategy: • Mortgage paid off in 7.3 years • Interest drops to $87,819 • $378,749 saved Effective interest rate: 1.386%
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