| Current Debt Situation | ||||||||
| Mortgage Amount | Interest Rate | Payment | % Cost per Year | Check out !!!! | ||||
| $150,000.00 | 4.90% | $576.00 | $4,804.00 |
calculate your interest payments |
||||
| $8,400.00 | 18.49% | $252.00 | $1,553.16 | |||||
| $12,480.00 | 12.85% | $310.00 | $1,603.68 | |||||
| Total Interest Cost and Payment | $1,138.00 | $7,960.84 | ||||||
| Consolidation by Refinancing: | ||||||||
| Mortgage Amount | Interest Rate | Payment | % Cost per Year | Check out !!!! | ||||
| $170,880.00 | 2.40% | $756.65 | $4,023.00 | www.duncanwilson.ca | ||||
| $0.00 | 0.00% | $0.00 | $0.00 | |||||
| $0.00 | 0.00% | $0.00 | $0.00 | |||||
| Total Interest Cost and Payment | $756.65 | $4,023.00 | ||||||
| Total Interest Cost and Payment Saved | $381.35 | $3,937.84 | ||||||
| **Although this is just an example always remember there are other costs such as legal costs, etc. Contact your Windsor | ||||||||
| Mortgage Agent. They can give you insight and see whether it is worth performing | ||||||||
| a debt consolidation Plan. | ||||||||
Your Windsor Mortgage Agent
Duncan Wilson
For Mortgage Information Call 5199822505
Or Email Wilsond@dominionlending.ca