Homeowner Finances

Paying off mortgage at renewal
Guide to Paying Off Your Mortgage at Renewal in Canada
Depending on the type of mortgage that you have, there could be penalties for paying it off early, even if
Houses porting or transferring a mortgage in Canada
Porting or Transferring Your Mortgage in Canada
The real estate market in Canada is picking back up in Canada, with the recent decrease in interest rates by
Inspecting plans for a home builders mortgage
What’s A Home Builders Mortgage and How Can You Get One?
Instead of purchasing an already-built home, many people choose to purchase land and then build their dream home themselves. While
Vendor take back mortgage being agreed on
Vendor Take Back Mortgages Explained
A vendor take back mortgage, also known as a seller take back mortgage, is different from your traditional mortgage in
Home keys being handed to new owner
The First-Time Home Buyer Incentives in Alberta
As a first-time home buyer in Canada, you could take advantage of quite a few different incentives. That said, there
Leasehold vs freehold
What is Leasehold vs. Freehold in Canada?
When you buy a new home, it’s important to pay attention to the different terms in your contract and what
Couple enrolling in FHSA
What’s the First Home Savings Account (FHSA), and How Do You Use It?
When it comes to purchasing your first home in Canada, there are a few different ways you can save for
Mortgage defaults rising in Canada
Why are Mortgage Defaults Rising in Canada?
With the higher cost of living in Canada, more Canadians need help to pay for basic expenses like mortgages, groceries
FHA loan shown on computer screen
Are There FHA Loans in Canada?
Buying your first home can be difficult. Usually, the most difficult part of affording your first home is coming up
Upward trend of expensive houses in Canada
Why are Houses so Expensive in Canada?
Owning a house is a goal of many Canadians. With the rising housing prices, it can seem like a difficult
Spending on rent in Canada
How Much Should you Spend on Rent in Canada?
With the surging Canadian real estate prices, it’s fair to say renters aren’t receiving the same attention. Even though more
Couple looking at $300,000 house with real estate agent
What’s the Mortgage on a $300,000 House?
Purchasing a house anywhere can be expensive, but unless you are paying for it in cash, there are different factors

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Payment Frequency
Duration
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24
60 Months
Credit Score
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900
Loan Amount
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$15,000
$35,000

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