Lowest Possible Mortgage Payment in Canada

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Uploaded by on Jul 8, 2010

Discovering the lowest mortgage payment in Canada. Will go through a $240k Mortgage as a 5 year fixed, variable, line of credit and a variable mortgage with a principal kick back. At the end, how I pay $350/month for a $240k mortgage.

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Uploader Comments (robertklein2000)

  • Thanx Rob, always learn something from you!!

    Johan

  • @kaulbachlotz much more is coming

  • I should mention, you will pay the interest on the loc at prime + 1. Today it would be 3.5%. After 1 year $4000 would be used. $4000 x 3.5% / 12 months = $12/month

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