Search

Repay Debt Faster

Repay Debt Faster

Consider that there are two forms of mortgage debt. Good debt and bad debt.

Bad debt is the mortgage on your home, the mortgage that you are not able to claim tax rebates on. As an Iron Bridge client you are encouraged to:

  1. Restructure your existing home loan to repay bad debt faster,
  2. Manage your house hold income, rental income and tax rebates to best financial effect,
  3. Living and investment expenses are managed on a monthly basis through a re-draw facility.

We can help you.


The simple facts are that the more you owe, the more interest you pay. By reducing your home loan, even temporarily, you are saving interest – and that is the key to repaying your home loan faster.

Saving interest means that you will save time because more of your money is being directed to repay the principal debt.

Good debt is the mortgage on an investment property which enables you to claim tax rebates against your personal income.

Traditional Finance

Once you have paid off your home loan, you are then encouraged to apply the same debt reduction principals to paying off the investment loan.

Whilst you still owe money on your home, it makes no sense to pay off one dollar of principal on your investment loan.

Click here now to find out how to create wealth for your retirement.