In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down one of the biggest questions in Australian property: Can you really pay off your home loan in 7 years? Thousands of Aussies are spending $5,000–$10,000 on mortgage courses promising "secret hacks" to pay off your home loan faster. But do these strategies actually work? In today's show, we expose the truth behind these programs and explain what really works when it comes to paying off your mortgage early in Australia.
We'll explore weekly vs fortnightly repayments, the offset vs redraw account debate, and why some methods only save you a few years while others could save you hundreds of thousands of dollars in interest. Plus, we reveal why buying an investment property could actually be a smarter and more realistic way to pay down your home loan in under 10 years.
🔍 Key Topics Covered:
✔️ Can you pay off a mortgage in 7 years in Australia? 🏡
✔️ Weekly vs fortnightly vs monthly repayments explained 📅
✔️ Offset vs redraw accounts – which is better? 💳
✔️ Why "pay yourself first" is both powerful and unrealistic 💰
✔️ Living like a poor person vs building wealth through property 📉📈
✔️ How a $600K mortgage actually breaks down in repayments 📊
✔️ The truth about minimum repayments & hidden costs ⚠️
✔️ Investment property strategy: Using equity to pay off debt 💼
✔️ 7-year vs 10-year mortgage repayment scenarios 🔄
✔️ Rentvesting, capital growth & long-term wealth building in Australia 🌏
📊 Why This Matters
Paying off your home loan is the biggest financial goal for most Australians, but the wrong strategy can keep you in debt for decades. We reveal:
How much interest Australians actually pay over 30 years 💸
Why some "mortgage hacks" are just common sense repackaged 🧐
The smarter path for first home buyers and investors in 2025
Published on 1 month, 2 weeks ago
If you like Podbriefly.com, please consider donating to support the ongoing development.
Donate