Synopsis
We outline the financial strategy and loan application for a specialist Orthopaedic Surgeon, aiming to enhance their investment portfolio. The plan includes securing a new investment loan, consolidating existing loans, and leveraging professional financial guidance to achieve long-term financial goals.
The Brief
A renowned Orthopaedic Surgeon sought to improve their financial standing through a well-structured investment plan. By securing an $800K investment loan, consolidating existing loans, and working with a financial planner, they aimed to maximize investment returns. The strategy included leveraging substantial offset funds whilst maintaining sound loan servicing. The plan was supported by a detailed financial analysis and professional guidance, ensuring a robust approach to achieving financial growth.
Financial Figures
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- Current loan balance: $5.1M
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- Remaining term: 29 years 4 months
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- Current interest rate: 5.89% (P&I)
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- Current repayments: $30K per month
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- Business Facility limit: $1.5M
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- **The reduced home loan $800K (‘Proposed loan’)**
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- Offset funds: $766K
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- Income: $1.8M
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- Net surplus 2022: $363,000
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Figures are on existing assets/debt and business income.
**Figures Related to the transaction or proposal
For more detailed assistance on your financial situation and what options you can explore, we encourage you to get in touch.
Challenges Overcome
#InvestmentStrategy #LoanConsolidation #FinancialPlanning #buildingassetportfolio #WorkLifeBalance
