Paying off your mortgage faster

Author: External Author | | Categories: First Time Home Buyer , Life Insurance Broker , Mortgage Agent , Mortgage Pre Approval , Mortgage Renewal , Mortgage Services , New to Canada Mortgage

To pay off your mortgage faster, consider putting extra money toward your mortgage.

Your mortgage contract may allow you to:

  • increase the amount of your regular payments
  • make lump-sum payments

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Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2020-09-15

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/pay-mortgage-faster.html

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