Online mortgage calculators can save time and money Halifax NS

At mortgage renewal time many people simply return to their lender and accept whatever rate and mortgage features are offered. What they may not know ...

RBC - Spring Garden & Summer Branch
(902) 421-8177
5855 Spring Garden Rd
Halifax, NS
Languages
English, French
Office Hours
Monday: 09:30 - 17:00
Tuesday: 09:30 - 17:00
Wednesday: 09:30 - 20:00
Thursday: 09:30 - 20:00
Friday: 09:30 - 17:00
Saturday: 10:00 - 15:00
Sunday: Closed

BMO Bank of Montreal
(902) 421-3798
5435 Spring Garden Rd
Halifax, NS
Type
Branch with ABM

RBC - Royal Centre Branch
(902) 421-8330
5161 George St-Main Flr
Halifax, NS
Languages
English, French
Office Hours
Monday: 08:00 - 17:00
Tuesday: 08:00 - 17:00
Wednesday: 08:00 - 17:00
Thursday: 08:00 - 17:00
Friday: 08:00 - 17:00
Saturday: Closed
Sunday: Closed

BMO Bank of Montreal
(902) 421-3748
6371 Quinpool Rd
Halifax, NS
Type
Branch with ABM

BMO Bank of Montreal
Windsor Street
Halifax, NS
Type
ABM

Scotiabank
(902) 420-3787
5656 Spring Garden Road
Halifax, NS
 
Scotiabank
(902) 420-3567
1709 Hollis Street
Halifax, NS
 
BMO Bank of Montreal
Spring Garden Road
Halifax, NS
Type
ABM

Scotiabank
(902) 420-3757
6169 Quinpool Road
Halifax, NS
 
Scotiabank
(902) 420-4940
91-93 Portland Street
Dartmouth, NS
 

Online mortgage calculators can save time and money

Provided By:

(NC)-At mortgage renewal time many people simply return to their lender and accept whatever rate and mortgage features are offered. What they may not know is, with a little research and shopping around, it's possible to find better rates and different types of mortgages that could leave them debt-free years sooner.

Today many lenders provide online mortgage calculators that let homeowners estimate payment rates and terms, right from the comfort of home. These easy-to-use tools can save you time and running from appointment to appointment with a number of financial institutions.

"Mortgage calculators are designed to be easy and convenient for homeowners to work out for themselves what their payments could be and how they might shorten their mortgage's lifespan," said Jane Strong, Assistant Vice President Product and Marketing Services, Manulife Bank. "Just as you don't want to spend more money than you have to for your home, you don't want mortgage shopping eating up too much time."

Not all mortgage calculators are the same. Some will only determine what your payments will be, amortised over a set period of time. Others can let homeowners glimpse a larger snapshot of their financial picture, giving them a better handle on how their funds can be put to use.

"When someone uses our Manulife One mortgage calculator, they punch in their debts and savings to quickly figure out for themselves how much they can save by switching to an all-in-one account," continued Strong. "By combining savings, mortgage and other loans into one account, clients could repay their debts quicker and potentially save thousands in interest charges over the life of their mortgage."

Credit: www.newscanada.com