Online mortgage calculators can save time and money Regina SK

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 ...

Partners In Planning
(306) 347-4477
2330 15Th Avenue
Regina, SK
 
Mgi Securities
(306) 525-2561
1842 Scarth Street
Regina, SK
 
Partners In Planning
(306) 791-3474
302 University Park Drive
Regina, SK
 
Scotiabank
(306) 780-1230
1504 Albert Street
Regina, SK
 
Penelope Parsons
(306) 949-0153
1848 Mcara Street
Regina, SK
 
Scotiabank
(306) 780-1200
1980 11Th Avenue
Regina, SK
 
Canadian Western Bank - Regina
(306) 757-8888
The Hill Center Ii
Regina, SK
Office Hours
Mon - Fri: 9:00 - 4:30

Mcnamee Financial Services Inc
(306) 585-2440
207 - 4401 Albert Street
Regina, SK
 
Brian Burrows Financial
(306) 924-8108
324 University Park Drive
Regina, SK
 
Wpg, The Wealth Planning Group
(306) 757-5038
207 - 4401 Albert Street
Regina, SK
 

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