Consolidate your debt and reduce your monthly payments… Credit cards and personal loans often carry very high interest rates. If you end up with lots of this high-interest debt, then just making the...
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Tag Archives: mortgage balance
Understand GDS and TDS
What is GDS and TDS? It’s actually quite simple… There have always been two recognized methods used by the bank to measure a borrowers ability to pay. There is GDS and TDS, here’s...
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Mortgage Payment Choices
Bi-Weekly mortgage payments, what’s that? How to pay that mortgage off faster. Your mortgage has been approved, and now your lender presents you with yet another choice: how often do you want to...
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Pay your mortgage off faster
Pay your mortgage off faster. And reduce your mortgage penalty at the same time. Looking for a way to reduce your mortgage penalty? It’s simple; pay your mortgage off faster! Before we look...
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Mortgage Penalties Explained
Mortgage Penalties Explained. Basic in’s and out’s of a mortgage penalty. There are two types of mortgages: open and closed. Open mortgages can be paid off at any time without penalties, but the cost of...
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