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Pay off your Mortgage Early

Pay Off Your Mortgage Early!

 What can you do to pay off your mortgage early and spend less on interest?

  • Take advantage of lump sum payments
  • Instead of paying monthly, switch to accelerated bi-weekly or weekly payments
  • Consider increasing your payment
  • Use RRSP refunds to reduce your mortgage balance

Making a few small changes can make a significant difference in the cost of your mortgage.  Save thousands of dollars in interest by making one or more of the above suggestions.  Call me today for more inforation. 

First-time Homebuyers Plan
Now is the time to purchase your first home.  Rates are low and house prices are expected to rise soon.  Use your RRSP savings for a down payment on your first home. 
Don't have a RRSP yet?  Take out a RRSP loan and in three months, you can use those funds for your down payment.
Your monthly mortgage payment could be less than you are paying for rent.  Own your home and pay off your mortgage instead of your landlords.
If you are unsure whether or not you could obtain a mortgage, I can give you the keys to make an informed decision about your future.

Grab & Go Granola Bars

Makes 16 bars

1 cup oats, quick cooking or old fashioned

1 cup shredded wheat cereal

1 cup walnuts

1 1/2 cups dried fruit (combination of your choice of dried apricots, dried plums, dried cherries, and dried cranberries)

1/2 tsp ground cinnamon

1/2 teaspoon salt

2 large eggs

1/3 cup honey

1 tsp vanilla extract

1/2 cup mini chocolate chips

 

Directions

Preheat the oven to 350F. Lightly oil or coat an 8 x 8-inch baking pan with nonstick cooking spray and set aside.

 

Place the oats, cereal, walnuts, dried fruit, cinnamon, and salt in a food processor and pulse until the mixture is finely chopped (the dried fruit should be the size of a dried pea or lentil).

 

In a large bowl, whisk together the eggs, honey, and vanilla. Add the oatmeal mixture and chocolate chips and stir to combine. Transfer to the baking pan and flatten down gently with the back of a spoon or spatula to spread evenly.

 

Bake 25 to 30 minutes until the edges turn golden brown and the bars are done. Let bars cool completely in pan before slicing and serving. 
 

Need more ideas on purchasing a new home, budgeting, consolidating debt, or saving money on your mortgage interest?  Call me today.

Remember, my services are free.  I provide the knowledge needed to make wise financial decisions.
 
Sincerely,

Photo
Carol Dorn, AMP
The Mortgage Mama

Don't Keep Me A Secret - I Love Referrals!

 

250-808-5521  Toll Free: 1-877-808-5521 

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#103-1553 Harvey Ave., Kelowna, BC  V1Y 6G1