How One Refinance Freed Up Over $1,000/Month and Gave This Couple Their Breathing Room Back

Denise Laframboise
1 day ago
2 min read

Some of the most stressed clients I meet are not struggling because they are careless with money. They are juggling too much high interest debt and trying to make it all work on top of a mortgage, groceries, kids activities, and life in Ontario.

This couple was exactly there. Hardworking, responsible, and completely overwhelmed by monthly payments.

Let me walk you through their story, because it is a great example of how refinancing can reset your cashflow and give you your life back.

The Debt Load That Snowballed

When they first called me, here is what they were carrying:

32,000 dollars on multiple credit cards
16,000 dollars on an unsecured line of credit
A mortgage that still had some term left but a rate higher than what they could qualify for today

Each month, they were sending out well over 1,500 dollars to credit card minimums and line of credit payments. They were barely touching the principal.

They told me, “It feels like we are running, but not moving.”

They were not wrong. That is exactly how high interest debt works.

What We Did: A Smart, Strategic Refinance

We reviewed their full numbers. Mortgage balance, income, credit score, and goals. That is how we discovered that refinancing did make sense for them.

Here is the strategy we built:

Refinance the mortgage at a lower rate
Roll in the 32,000 dollars in credit card debt
Roll in the 16,000 dollar line of credit
Consolidate everything into one predictable and affordable monthly payment

No more juggling five due dates. No more interest rates north of 20 percent.

Just one clean plan that actually moves their finances forward.

The Result: Real Cashflow Relief

Once we completed the refinance, their monthly picture changed quickly.

Their new mortgage payment, even with those debts added in, was more than 1,000 dollars per month less than what they were sending out across all of those high interest accounts.

That is money they could now use for:

Savings
Family expenses
Emergency fund
Retirement planning
Breathing room

For the first time in years, they were not choosing between paying bills and having a life.

Why This Worked

This was not about getting a lower rate. It was about creating global savings, not just chasing the cheapest headline number.

By moving their high interest debt into a lower interest mortgage structure, they:

Saved money every month
Started actually paying down principal
Reduced financial stress in a real and meaningful way

Mortgages are personal. Your plan should be too.

Thinking About Your Own Cashflow

If you are staring at rising balances and shrinking breathing room, you are not alone. There are solutions that work in the real world.

If you would like to see what this could look like with your numbers, let us take a look together. We will walk through everything and build a plan that helps you move forward.

You deserve advice that puts you back in control. Let us make your mortgage work smarter, not harder.