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Everyone tells you to pay off your home loan as fast as possible. And on the surface, that makes sense – less debt, less stress, right?
Not always.
In this video I walk you through the scenarios where aggressively paying down your home loan can actually work against you – particularly if you ever plan to turn your home into an investment property, build a portfolio, or access equity down the track.
This is one of those things that's rarely explained upfront, but can have a significant impact on your client's financial position for years to come.
Once you understand it, you'll know what questions to ask your clients upfront.
Everyone tells you to pay off your home loan as fast as possible. And on the surface, that makes sense – less debt, less stress, right?
Not always.
In this video I walk you through the scenarios where aggressively paying down your home loan can actually work against you – particularly if you ever plan to turn your home into an investment property, build a portfolio, or access equity down the track.
This is one of those things that's rarely explained upfront, but can have a significant impact on your client's financial position for years to come.
Once you understand it, you'll know what questions to ask your clients upfront.
