Tom  is one of our clients. Just over a year ago, we worked hard to find him the best mortgage conditions available for current financial situation . At that time, interest rates were much higher than they are now. Recently, after a call from him, we re-evaluated his situation. This decision allowed him to make substantial savings, even considering a penalty.

Interest Rate Above 5%? It's Time to Act. 
Tom  found that his interest rate was 5.19%. By breaking his mortgage and opting for a better rate, he not only reduced his monthly payments but also accelerated the repayment of his loan, maximizing his long-term savings.

Ready to Improve Your Financial Situation? 
Like Tom, you can also improve your financial situation. Contact me to discuss your mortgage options. You could save more than you think!

Save on Your Mortgage Now 
If your interest rate exceeds 5%, now is the perfect time to review your options. Let's review Tom example below.

A Concrete Example 
Tom recently transferred his mortgage to take advantage of a interest rate. Here's what it resulted in:

Current Mortgage:

• Amount: $800,000
• Rate: 5.19% (fixed)
• Monthly Payment: $4,862
• Interest Paid Over 4 Years: $157,794

New Proposed Mortgage:

• Amount: $800,000
• Rate: 4.54% (fixed)
• Monthly Payment: $4,546
• Interest Paid Over 4 Years: $136,988

Savings Summary:

• Interest Savings: $20,806
• Additional Principal Repayment: $9,643
• Monthly Payment Savings: -$316

Even after an estimated penalty of $10,380, Tom's net savings amount to $10,426 over 4 years.

And You? Do You Think It's Worth It?

Contact us to evaluate your options and find out how much you could save.