Did you know that the interest costs on your primary home's mortgage are not tax-deductible? In simpler terms, you're using your hard-earned after-tax income to tackle your mortgage debt.
But, let's dive a bit deeper into the numbers..
1. Without taking any action, you'll shell out a staggering ${totalInterest} in interest costs over the life of your mortgage. That's an average of ${interestPer} per year!
2. This year alone, you're looking at paying nearly ${currentYear} in interest costs.
3. Shockingly, that means you are forking out ${interestPer240} in interest costs for every $1 of mortgage debt you owe!
4. Your total interest costs will gobble up a significant {interestOf}% of your overall payments!
Do you really want this to be your financial future?
Don't wait - Take action now to explore ways to reduce your interest costs, pay off your mortgage faster and also reduce your yearly income tax along the way. Your wallet will thank you! 💰🏡