Emanate Finance
MoneySMART Feed

Video· Debt· Cash Flow

Borrow $100K to Renovate and Lower Your Monthly Repayments?

Published · 1 min read

How could you borrow MORE money, renovate your home, and potentially end up paying LESS each month?

How is your mortgage really performing?

Take our 60-second MortgageSMART™ quiz to see if your mortgage could work harder.

🏡 Borrow Another $100,000 to Renovate… and STILL Reduce Your Monthly Repayments? 😲💰

Sounds a bit strange, doesn't it?

How could you borrow MORE money, renovate your home, and potentially end up paying LESS each month?

💡 Well, here's how it could work!

Imagine you've already got a mortgage, a car loan, and perhaps a couple of personal loans or credit cards.

You're making repayments on all those debts every single month.

Now, instead of simply borrowing another $100,000 for renovations and adding another repayment, what if we looked at restructuring everything?

With the right mortgage strategy, you might be able to: ✅ Access an additional $100,000 for renovations. ✅ Refinance your existing mortgage to a better interest rate. ✅ Consolidate expensive car loans, personal loans or credit cards where appropriate. ✅ Reduce your overall combined monthly repayments. ✅ Have fewer separate repayments to manage. ✅ Create a strategy to potentially pay off your mortgage years sooner.

🏡 Imagine having a beautifully renovated home AND potentially more money left over each month!

But here's the important part…

⚠️ Lower monthly repayments don't automatically mean you're saving money in the long run!

If you're consolidating short-term debts into a 30-year mortgage, you could end up paying significantly more interest overall. That's why the loan structure and repayment strategy are so important.

💡 The goal isn't just to renovate your home and reduce your repayments. It's to do all of that while still working towards becoming mortgage-free sooner!

🎥 Want to see how this might work for you?

Discover our FREE MortgageSMART Cashout/Renovation Strategy.

✅ No email required. ✅ No phone number required. ✅ 👇 Watch the free video:

General information only, not personalised financial advice. Eligibility and savings vary. Additional borrowing, debt consolidation or longer loan terms may increase total interest costs.

Your next step

See what this looks like on your loan

Pick the goal closest to yours and we'll take you through a few quick questions.

More from the feed

See everything