An interest-saving meal plan.
Some 47% of Canadians say eating out less would help them save more. Sounds logical, since frequent diners can drop $100+ a pop at a decent restaurant.
But what if that same $100 was redeployed, once a month, as a mortgage prepayment?
The result is appetizing in its own right. A standard $200,000 mortgage is paid down 13% quicker – in just 21.75 years instead of 25 years.
For more tips on how to save on your mortgage or for a review call 604-802-3983
Angela Calla Mortgage Team
Host of The Mortgage Show on CKNW AM980 Saturdays @ 7pm