How To Save $81,000 in 30 minutes

There is no better time to refinance your home loan then right now.

The current average household mortgage debt is $500,000.

The average home loan rate is 4.63%.

That means that the average current home loan repayment on a $500,000 mortgage is $2,573

Today, the best market rate is 2.19%.

So the same home loan in today’s market is $1,896.

That is a savings of $677 per month.

That is a savings of $8124 in one year.

That is a savings of $81,240 in 10 years.

What could you do with $81,240?