Mortgage · Canada
Prepayment savings.
See how extra principal payments shorten your amortization, slash interest, and get you to debt-free faster.
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Your savings
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Why prepayment matters
Every extra dollar applied directly to principal saves you years of compound interest. Most Canadian lenders allow 10%–20% lump-sum prepayments and a 10%–20% increase in regular payments each year without penalty.
Disclaimer
Estimates for educational purposes only. Check your mortgage contract for the exact prepayment privileges allowed.