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Savings Chart

By consolidating high interest debt, you can save significant money every month. Unlike credit cards and installment loans, the interest on an equity-based loan may be 100% tax deductible, saving you even more (contact your tax advisor regarding the specifics of tax deductibility). Below is just one example of how much you could save. Depending on your situation, you may be able to save even more!

Look At A Typical Savings Example
 
Current Monthly Payments
New Payments
Bankcards
$320.00
paid off!
Dept. Store Cards
$165.00
paid off!
Car Payment
$375.00
paid off!
New Mortgage
-
$337.76
Total
$860.00
$337.76

In this debt consolidation loan example, you would save $522.24 every month!

Please note the following : *The example shown is for comparison only, based on a $35,000 second mortgage loan, with an APR of 10% and a 20-year term. The actual loan amount, rate and term may vary depending on the type of loan and your individual circumstances. Certain terms, conditions and restrictions may apply.

Example based on an APR up to 18% for all credit cards and consumer debt. Assumes a 2.7% minimum payment requirement on open ended credit card debt.


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