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Like most homeowners, you probably want to be mortgage free as soon as possible. You know you want to pay off your mortgage faster - but are probably trying to figure out where to start.The TD Canada Trust Mortgage Freedom Planner is a tool that provides a logical, simple, step-by-step approach to gathering all the information you need to help you develop a strategy for paying off your mortgage faster.
TD CANADA TRUST MORTGAGE FREEDOM PLANNER WORKS LIKE THIS:
Step 1
The first step takes you through your own mortgage information. You set the target of when you'd like to be mortgage free and then, using the TD Mortgage Freedom Planner, you calculate how much extra you need to pay each year so that you can reach that target.
Step 2
Next, you chart your own course - how much can you realistically afford in extra payments, and how you want to make these extra payments.
Step 3
Finally, you compare what you're able to pay in extra payments to your annual target figure... and see how fast you can become mortgage free!
Best of all, it's very easy to use. You manage your mortgage instead of it managing you... because there's more to life than a mortgage.
CONTINUE
This calculator is for illustration purposes only and is not intended to provide specific financial or other advice.
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