My First Home Buyer Mentor

The One Trick That Could Halve Your Mortgage Term - With John and Nicola Kefalianos


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The One Trick That Could Halve Your Mortgage Term 

 

Looking for ways to pay off your mortgage faster and save thousands in interest? In this episode, Nicola and John Kefalianos explore simple yet effective strategies that can dramatically reduce your home loan term. They challenge the idea that you need major lifestyle changes to make a difference—sometimes, just an extra $50 a week can shave years off your mortgage.

 

John, a property investor and mortgage broker, explains how small, consistent additional repayments can lead to big financial wins over time. He walks through real-life scenarios, such as how a first home buyer with a $475,000 loan can significantly cut down both interest paid and loan duration by contributing an extra $50 to $265 weekly.

 

The duo also highlights why keeping repayments high when interest rates drop can be a smart move. They offer practical tips on generating extra cash, like renting out a spare room or trimming back on non-essential expenses, that can be redirected into your mortgage.

 

Ready to fast-track your journey to financial freedom? Tune in now to hear Nicola and John’s expert tips and learn how small sacrifices today can lead to big rewards tomorrow.

 

Check out the FinanceLab calculator here:

 https://www.financelab.com.au/calculators-extra-repayments/

 

Chat with John about how much you can borrow:

[email protected]

 

Finance Lab: 
https://www.financelab.com.au/

 

 

 

Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalised advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.

 

See omnystudio.com/listener for privacy information.

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My First Home Buyer MentorBy P&P Studios