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Great video breaking down the two main formulas to calculate mortgage penalties.

General Angela Calla 26 Apr

Depending on the type of mortgage you have, penalties might be zero, three months’ interest, or something known as the interest rate differential amount. The costs can vary wildly, so be sure to ask how much you will owe if you break your mortgage. Talk to The Angela Calla Mortgage Team personally so we can help you avoid costly mistakes with our unbiased, transparent free advise 604-802-3983

Click HERE to view Preet Banerjee’s video and look at the two main formulas used to calculate how much breaking a mortgage can cost you.

Want to know more? Tune in on Saturdays at 7pm to The Mortgage Show CKNW AM980.


 Angela Calla, Mortgage Expert, AMP of the Year in 2009 has been helping British Columbian families save money with the best mortgage strategy for over a decade from her Port Coquitlam office location. She is a regular contributor to national and regional media outlets, and sits on many advisory boards for mortgage lenders & insures. She can be reached directly to help you at 604-802-3983