@maoriinvestor: People pay thousands of dollars to learn this mortgage strategy… Here’s the short version 👇 Most people think paying off a mortgage faster means making bigger repayments. But many people use a revolving credit or offset account to make their savings work harder. Example: 🏠 Mortgage: $500,000 💰 Savings: $20,000 If that $20k sits against your mortgage, you’re only paying interest on $480k instead of $500k. Because mortgage interest is calculated daily, every dollar sitting there is reducing the interest you’re charged. The strategy is simple: ✅ Pay goes in ✅ Bills come out ✅ Surplus cash stays in the account reducing interest Then when your fixed mortgage comes up for renewal, many people take whatever they’ve saved: 💰 $10,000 💰 $20,000 💰 $50,000+ And make a lump-sum payment off the mortgage. Why? Because making large repayments during a fixed term can sometimes trigger fees. So they: 1️⃣ Build up savings throughout the year 2️⃣ Save interest while the money sits there 3️⃣ Drop a lump sum onto the mortgage at refix time 4️⃣ Repeat It’s not a magic trick. It’s just using your savings to reduce debt instead of letting it sit on the sidelines. ⚠️ The catch: it only works if you leave the money there. Offset accounts work in a very similar way too — slightly different structure, same principle. Not financial advice. Mauri ora 🤙 #MaoriInvestor #MortgageTipsnz #NZProperty #FirstHomeBuyerNZ #nzpropertyinvesting

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Wednesday 17 June 2026 06:51:35 GMT