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Home » Case Studies » Self-Employed Investor Refinance Case Study | Mortgage Corp
Home » Case Studies » Self-Employed Investor Refinance Case Study | Mortgage Corp
Mortgage Corp helped a self employed couple save approx. $700 a month through refinancing their home loan and two investment loans. We’ve also restructured their loans so they will be able to afford another investment in the next 2 years
Client: Jason and Rebecca, clients of Mortgage Corp since 2015
Marital status: married with no children
Income: combined income of $190,000
Occupation: Self Employed IT Professionals
Suburb of home: Doncaster, VIC 3108
Objective: Get a better interest rate on their loans and purchase another property close to the city in the next 2 years
Results: Reduced interest rate by more than 1% saving around $700 per month in repayments. Restructured their loans to enable them to purchase another investment in the next 2 years
Jason and Rebecca, experienced property investors, both self-employed with a combined income of just over $190,000. They currently own a beautiful home in the eastern suburb of Melbourne, Doncaster and have 2 investment properties earning approx. $40,000 rental income per year.
Households in Doncaster are primarily couples with children and are repaying between $1800 – $2400 per month on mortgage repayments. In general, people in Doncaster work in a Professional occupation. Currently the median sales price of houses in the area is 1,408,000.
Jason and Rebecca are both financially savvy and have got quite a large amount of savings. They enjoy a great lifestyle travelling and dining out often. They want to buy another home near the city so they can enjoy the fun city lifestyle.
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