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Pay Your Home Loan Off in Half Time

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Pay Your Home Loan Off in Half Time

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Where to start

Three sections worth reading before the rest

01

Why your salary alone is a slow way to build wealth (p. 3)

The year one split. Of $43,500 in repayments, about $36,000 is interest and only $7,500 comes off the loan.

02

Debt recycling (p. 5)

How equity in your home can fund a deposit on an investment property, and why the interest on that second loan may be treated differently at tax time.

03

The pay off point (p. 6)

The chart where the two lines cross, and the $220,000 of interest the worked example does not pay.

Backed by Oliver Hume Property Group, Oli Property is part of a group that has helped 290,000+ Australians buy and invest in new property since 1954.

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