The Australian dream used to be to “own your own home”. Now the great Australian dream is to “own your own home and not have it taken away from you”, just to survive in retirement.http://www.fastrepayhomeloan.com.au

1. How to pay home loan faster – Fast Repay Home Loan
The Australian dream used to be to “own your own home”. Now
the great Australian dream is to “own your own home and not
have it taken away from you”, just to survive in retirement. We
see many potential clients struggle with their mortgage for 25
years or more, merely hoping that this debt will be paid off
before they retire.
A large proportion of our incomes go into paying off our home
loans – and they can take decades to pay off. What many
people don’t realise is that there are ways to how to pay home
loan faster – and save a fortune!
Paying off extra repayments on your home loan is a no brainer
and is not feasible in today’s economy as many people are
already stretched to their limits on their monthly repayments let
alone paying extra.
Also shopping for the lowest interest rate is not the answer as
interest rate is a variable and is fluctuating up and down and
you cannot rely on it. And switching from one lender to another
will end up costing you more on the long term.
You need to have a strategy that PUTS YOU IN CONTROL,
and minimise or diminish the impact of fluctuating interest
rates,inflation, property cycle or Australian and World economy
and many other uncontrollable variables.
There are various debt reduction strategies you can utilise and
this is dependent on your individual circumstances, and future
goals and objectives.
“Pay off your Home Loan Faster” strategies are dependent
oncorrectly structuring yourbudget and cash flow, and correctly
structuring your loans and nominated monthly repayments.

2. Knowledge is power! In that it is extremely crucial to know how
to get your income working for you and get the compound
interest to work for your benefit rather than your lenders’.
Also key principal is to have access to flexible loan products
that allow you to change your structure at any time to suit your
ever changing lifestyle without being heavily panelised: i-e: your
loan accounts should have minimum to no ongoing fees or
charges.
Your home loan can be the biggest debt you’ll ever have and
for that you need to have your own finance coach/mortgage
planner (or more like your own personal trainer) who will assist
you along the way.
Owning your own home is meant to be a pleasant experience
but sadly for many it is quite the opposite. Your home loan has
a performance record, you need to have the right tools to
monitor the progress and make appropriate adjustments or
corrections to stayon track.
Time has long gonesince we had job security and were able to
afford a 30 year mortgage. On top our commitments have
tripled and quadrupled. The money rules have changed and
working the 40 and 48hour job to meet ends meet is not
enough anymore. We desperately need to adapt new
techniques.
We need to work smarter not harder and focuson paying our
debt as quickly as possible whilst enjoying our lives and having
lots of fun, love and laughs.
http://www.fastrepayhomeloan.com.au