How the flow of your money changes based on your $400,000 total mortgage.
$8,000 deposited monthly.
Your cash sits here earning 0% interest while waiting to pay bills.
~$2,866 spent on living costs.
Interest is calculated continuously on your full $400,000 debt.
$8,000 deposited monthly.
Your bank account IS your mortgage. Income instantly drops your $200,000 revolving debt.
As you spend ~$2,866 throughout the month, the balance climbs back up.
$200,000 locked at a fixed rate. The ~$1,107 payment is auto-deducted from your AIO.
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