Are you a home owner who is tired of playing catch-up month to month between your mortgage, personal loans and credit cards? Are you getting further into debt every month with no apparent way out?

Debt Consolidation may just prove to be your answer. Webdeal Home Loans have helped hundreds of home owners like yourself consolidate their high interest unsecured debts in with their mortgage and enjoy tremendous savings in the process.

Consolidating all your debts into a single package (debt consolidation) has several advantages:

Firstly, it will free you up from needing to keep track of a multitude of payments to different lenders at different times of the month. This really is as simple as it sounds - you put all of your loans together in one place, so you have one regular repayment to make, one low interest rate to keep track of and one financial package to manage.

Secondly, by paying the Webdeal Home Loan rate on your other unsecured debts you can save hundreds or even thousands of dollars monthly.

How To Save Through Debt Consolidation ?

Assume the following scenario:

Now Assume your home is worth $500,000 and you decide to consolidate all of the above debts into your Webdeal Mortgage. Overall Mortgage is now $405,000 and no other loans.

Mortgage (interest only)
Car Loans
Visa Cards               
Personal Loan
________________________
$405,000   ( overall mortgage )

Given the Home Loan interest rate of 7.32% your monthly interest payments will be $2,470.50

Monthly payment Before Debt Consolidation  -  $ 3,724.53

Monthly payment After Debt Consolidation  -     $ 2,470.50

While this is an interest only payment and does not repay any of your loans – your monthly obligations have been reduced as a result of the consolidation by  $1,254.03

$ 3,724.53 -  $2,470.50  =  $1,254.03.
  

You may choose to apply this saving towards reducing your loan – however you do not have to do so. Therein lies the advantage. People who are unable to meet all their monthly repayment obligations ordinarily – find that they can breathe a sigh of relief after consolidation.

See what miracles the Webdeal Debt Consolidation can do for you.

Debt Consolidation Loan Options:

• Advantage Rate Loan
• All In One Loan
• Equity Loan
• Fixed Rate Loan
• Low Doc Loan