Online mortgage calculators can save time and money Winnipeg MB

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 ...

Scotiabank
(204) 985-3660
623 Corydon Avenue At Daly
Winnipeg, MB
 
Wellington West Financial Services Inc
(204) 925-2290
2400 201 Portage Avenue
Winnipeg, MB
 
Mgi Financial Inc Head Office
(204) 788-4040
491 Portage Avenue
Winnipeg, MB
 
BMO Bank of Montreal
(204) 985-2611
335 Main St
Winnipeg, MB
Type
Branch with ABM

Acquire Capital
(204) 989-0532
Seven Donald Street
Winnipeg, MB
 
BMO Bank of Montreal
St Mary Avenue
Winnipeg, MB
Type
ABM

BMO Bank of Montreal
(204) 985-2480
330 Portage Ave
Winnipeg, MB
Type
Branch with ABM

First Nations Bank Of Canada - Winnipeg Branch
(866) 519-5898
360 Broadway
Winnipeg, MB
 
BMO Bank of Montreal
Osborne Street North
Winnipeg, MB
Type
ABM

Canadian Western Bank - Winnipeg
(204) 956-4669
230 Portage Avenue
Winnipeg, MB
 

Online mortgage calculators can save time and money

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(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