Welcome to New World Debt Solutions
New World Debt Solutions , through a network of independent agents, uses proven financial strategies to help American homeowners achieve their financial goals.
An average New World Debt Solutions customer will pay their mortgage off in 6-15 years- with little or no change to their spending habits and without increasing their monthly payments. A mortgage-free future is just around the corner!
“Mortgage Interest:
Interest charges paid on a 200,000 dollar mortgage at 5.5 percent interest over 30 years are approximately 208,800. The interest is greater than the original loan amount, doubling the cost of your mortgage.”
“Mortgage Interest Deduction:
There is nothing advantageous about paying thousands of dollars in interest every year. The home mortgage interest tax deduction should only be looked at as a minor way to ease the sting of paying all that interest.”
“Mortgage in Retirement:
Forty-three percent of people ages 65 to 74 had a mortgage in 2007, according to government data compiled by the Employee Benefit Research Institute. That was up sharply from 32 percent in 2004 and 18 percent in 1992.”