The Victoria B.C. Mortgage Blog

Designing a Mortgage That's Right For You!

How can you pay off your mortgage sooner?
January 21, 2015 @ 3:44 PM by: The Mortgage Designers

There are ways to reduce the number of years to pay down your mortgage. You'll enjoy significant savings by: 

Selecting a non-monthly or accelerated payment schedule 
Increasing your payment frequency schedule 
Making principal prepayments 
Making Double-Up Payments 
Selecting a shorter amortization at renewal