{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/b1a756c3099843db9dee5bce88769b7d\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/b1a756c3099843db9dee5bce88769b7d-f9267187f3994c79.gif","duration":337.963,"title":"Mortgage Relief Strategy - Paul and Kim $1,100 Saved","description":"This Loom explains how the cash flow relief program can improve monthly budgeting by refinancing and using equity to pay off high interest debts. It describes a case study for Paul and Kim with a home value of $879,000 and an existing mortgage balance of $589,790, renewing from 3.99% to a projected $3,100 monthly mortgage payment with 25 years remaining, plus $438/month property tax and $2,121/month toward other debts. Under the program, they refinance with a new mortgage of about $645,000 at 4.39%, covering closing costs and paying out debts, then adjust payments by keeping one car, which reduces combined out-of-pocket costs from $5,657 to about $4,543. The result is savings of over $1,100 per month."}