Drowning in Debt?

Apply online now
Why? What are you waiting for?
Let us help you by consolidating your debt and simplifying your credit!
One payment!
Add your debt into your mortgage. Use your home equity! Why pay more?
SAVE MONEY
INCREASE CASH FLOW
|
Current situation |
Amount owing |
Rate |
Payment |
| Current mortgage |
$200,000 |
6.25% |
$1,124 |
| Credit card debt |
$20,000 |
|
$600 |
| Car loan |
$15,000 |
|
$350 |
| Renovation loan |
$20,000 |
|
$1,000 |
| Penalty to break mortgage |
$3,600 |
|
|
| Totals |
$258,600 |
|
$3,074 |
| Refinanced situation |
|
|
|
| New mortgage |
$258,600 |
4.39% |
$1,200 |
| Credit card debt |
0 |
|
|
| Car loan |
0 |
|
|
| Renovation loan |
0 |
|
|
| Savings per month increased cash flow! |
|
|
$1,874 |
Above is an example of how this can work. Rates will vary and amounts refinanced are subject to change without notice, lender qualifications, property type, values and OAC. This is not an offering rather only an example. For terms and rates specific to your situation
contact us.
The example above is based on a current existing mortgage of $200,000. 6.25%, 5 yr term, 35yr amortization, compounded semi-annually then consolidated with debt into a new mortgage amount of $258,600. 4.39%, 5yr term, 35yr amortization, compounded semi-annually. E & O. OAC.