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Greenway Equity Mortgage reduce repayments

Eliminate monthly mortgage repayments with a GEM

Use a GEM to reduce monthly repayments
 
Meet Tim & Melissa
Tim & Melissa live with their children in a comfortable family home. They would like to diversify their wealth by establishing an investment portfolio. They have good income, but the repayments on their current mortgage limit their ability to save or invest.

Their financial situation
They have a home valued at $700,000 and make mortgage repayments of $2,500 each month. They have some super, but no other investments.

Flexibility & choice
Tim & Melissa consider their options to increase their cashflow.  They could:
■ refinance their existing mortgage with another traditional mortgage, or
■ refinance with a GEM Equity Loan and eliminate their monthly mortgage repayments.




Greenway Equity  Mortgage - no monthly repayments
Tim & Melissa can eliminate their monthly mortgage repayments and use the cashflow to make the most of life

They decide to use a GEM Equity Loan to refinance their mortgage. They now have an extra $2,500 each month. They use some of this freed-up cashflow to diversify their investments and use the rest to make the most of life.

When they sell their home in the future, they will repay the original amount borrowed, plus a share of any increase in the value of their property. If there is no increase, they will simply repay the amount borrowed.


This case study is an example of how a GEM Equity Loan could be used. It is hypothetical and not based on real people. It is provided as general information and does not take into account your personal circumstances. It is intended as a summary of the Greenway Equity Mortgage (GEM) Equity Loan product proposed by Greenway Capital Limited ACN 110 870 061. No actual mortgage product is being offered by Greenway at this time.





     
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© 2007 Greenway Capital Limited ABN 88 110 870 061. Greenway Capital Nominees Ltd ABN 47 111 975 181, Australian Financial Services Licence Number 285498. Greenway Capital Nominees Limited is a wholly owned subsidiary of Greenway Capital Limited.