Penticton Mortgage Deals

Rene’s clients had a mortgage at 3.49% with balance of $400,000, credit cards totaling $30,000, and a $10,000 line of credit.  Rene’s team was able to refinance their mortgage, dropping their monthly payments by $1,228!  

Before

DebtDetailsMonthly Payment
Mortgage$400,000$2,000
Credit Cards$30,000$900
Line of Credit$10,000$300
Total$440,000$3,200

After

DebtDetailsMonthly Payment
Mortgage$440,000$1,972*

Rene saved his clients $1,228 per month!

*Based on a mortgage of $440,000 with a 25 year amortization at a rate of 2.49% on a 5 year term APR is 2.49%