Click on image to enlargeIllustrates the results of using a second mortgage to consolidate a debt of $95,000 and eliminate a monthly debt payment of $1,950 ($95,000 x 3%). This results in a cash flow improvement of $1,561.15 per month.
Second Mortgage Loan Purpose
Click on image to enlargeIllustrates the results of using a second mortgage to consolidate a debt of $95,000 and eliminate a monthly debt payment of $1,950 ($95,000 x 3%). This results in a cash flow improvement of $1,561.15 per month.
