Do you need to be in better financial position? Let us help you improve your cash flow on a monthly basis with a Debt Consolidation through refinancing your home.
Debt consolidation & mortgage refinancing can go hand in hand. You can avoid a consumer proposal by refinancing your house and paying out your debts.
Lower interest rates.
Rate-and-term refinancing is the process of renegotiating your mortgage if interest rates have increased since you first obtained it. Lower rates will decrease your monthly payment, leaving you with extra money to put towards the things that matter.
Lower your credit card debt.
Many people make the mistake of carrying credit card debt to fund life expenses. With exorbitant interest rates, this method of borrowing ends up costing the borrower much more per month than if they were to do mortgage refinancing. If you are paying major interest rates on money you’ve borrowed on your cards, debt consolidation and mortgage refinancing become effective financial planning options. You have established equity in your home, and it can be used to help you.
Refinancing other loans into your mortgage can make monthly payments more affordable. A mortgage is typically the lowest rate debt you can get.
Use our Mission35 Mortgage Calculator below to calculate an estimation of your monthly payment based on your home's value and your down payment. Don't settle for an estimation, let us crunch the hard numbers, understand the smaller details and get you the best possible rate as well as mazimize your budget and confirm your actual budget.