Select Canadian or U.S. Mortgage. Years Months
Existing Balance : Term Remaining :
Existing Rate : Amortization :
Mortgage Increase : NEW Term :
NEW Rate :
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EXTEND your Mortgage Term

Your $100,000 mortgage at 10.00 % interest for a remaining term of 36 months is extended by 24 months at 7.50 % interest for a new term of 60 months at an average rate of 9.00 %.

Learn MORE about Renewals, Blends, and Extends in the Learning Centre

EXISTING   Extend Term     N E W Mortgage
Balance $100,000   $0       $100,000  
Term 36 months   24 months       60 months  
Interest Rate 10.00 % 7.50 %     9.00 %
   
Monthly Payment $894   $0       $828  
   

Figures are rounded to nearest dollar.
The above information is deemed reliable,
but is not guaranteed.