This is a YouTube video titled "Crown Client Case Studies" containing a multi-speaker discussion from May 17, 2024, focused on financial progress and loan repayment strategies. Scott Parry is one of the speakers, engaging with others about paying down personal and home loans over several years.
As we see, we're from 320,000 to basically 100,000. In four years.
We paid 256,000 off our loan. In nine.
Years, 2014, 2015, we knocked 107,000 off our personal debt.
How much have you paid off your loan? We've paid 50,000 off in 12 months. How much did you owe?
360,000.
And how much do you owe now?
About 95.
So you've paid all that amount off in just three years? Yes. The last 12 months we've paid 80,000 off our off our home loan. And previously we've only would have paid off just under 10,000. So we saved about $160,000. How much are you paying off? I think it's about 46,000 a year. A year? Yeah. We managed to pay within first year, 46, $47,000.