Many Canadians suffer with their highest debt load in the month of January. Save thousands of dollars in interest by creating a pay down plan! Consolidate and restructure your debt into your mortgage so you are paying less interest and paying off debt sooner. Start the New Year on the right foot by saving money and taking advantage of historically low mortgage interest rates.
Look at what you’re paying on your credit cards and other debts. If you roll those high interest debts into a new or existing mortgage, your potential saving can be significant!
You can use these savings to ease your monthly cash flow, or apply it to pay your debts down faster! For example, put $500.00 per month of your new cash flow into your mortgage payment and reduce your amortization from 25 to 15 years!
I will assess your situation and determine if there are any penalties to break your current mortgage and evaluate if the savings outweigh the penalties
Dan we really appreciate all the advice you provided us with. With your advice we were able to get the RRSPs and use the HBP plan to get the home we wanted much sooner than we thought would be possible. We really appreciated your perseverance and continuously positive attitude as we put the home shopping on pause for a while. When we were ready to get a home again you immediately assisted us by providing us with the advice we needed to get approved for a mortgage. We also appreciated how you took the time to carefully walk us through the mortgage documents and in particular how you took the time to explain the amortization schedule. Having someone knowledgeable by our side, advising and looking out for our best interest was highly appreciated.