Interest Rate
Lower rate equals
lower payment Amortization
Longer equals lower
payment, shorter
less interest costs
over time.
25 years is standard
in Canada, up to
35 years is available
Setting up sorter
amortization means
you can never go
back to lower payments view
more info
Why
Rate Is Not Important What
is the first thing that comes
to your mind when you are
thinking about getting a mortgage?
If you are like the majority
of Canadians you probably
would say: RATE
When
Prepayment Matters
Mortgage-prepayments Most
people know that a low rate
isn’t everything when
shopping for a
mortgage. There are lots of
reasons why that’s true.
Prepayment privileges are
one such example.
Are you Financially Ready?
Buying a home is one of the
biggest financial decisions
you will make, so it is important
to know your current financial
situation to be sure that
you buy a home that you can
afford.
How
Much Can You Afford?
Lending institutions such
as banks and trust companies
use two simple rules to determine
how
much you can afford in monthly
expenses for housing including
your mortgage payment
Making
the Most of Your Downpayment
Undoubtedly the hardest thing
to do - especially for first
time homeowners, is saving
for their down payment.
Letting
Your Savings Work for You
Let's face it. You've worked
hard and saved when and where
you could. To most Canadians,
this is a part of everyday
life. Well now finally, let
some of the money you have
worked for do some work for
you.
Lower rate equals
lower payment
