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Save thousands on the debt you already owe.

One of the best ways to save money is to use a Carrollton Bank Home Equity Line to pay off high-interest credit cards, furniture loans, car loans, etc. You can save thousands with the lower interest rate, plus additional savings on income taxes (consult your tax advisor).

Here's a typical example of how much money you can save

Existing Loans Amount Rate Total Interest
Credit Card Bills $6,000 18.00% $2,460
Furniture Store Loans $8,000 21.00% $3,890
Remodeling Contractor $16,000 12.00% $4,224
Total $30,000   $10,574
Pay off these loans
with a Carrollton Bank

Home Equity Line
 $30,000  6.75%  $4,315

Assuming all loans at the stated rates for 48 months, with a combined federal and state tax rate of 30%.

You could save…  
Interest
$6,259
Income Taxes
$1,295
Total Savings
$7,554

 

 

 

SeeMore

Rates shown above are for illustration purposes only.

 
 
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