John Cavan,. lfqôtt are iterest;ed t Mortgage A gent ~ wt ôpu Mort j6t.r nÔôrtjcje 5ô66r, we Askyour locl at.d icfer 5tt"es>tiÔtt5 itô "mrtgageplanneLflIJÔd 5avittj5, Most of us "ee fha we have ëSe right morigage f«o ur iâm&mo, Wu we ta conseier sani trid-and --r mney- Incese your paymn hequency. A $200,000 mortgage amortized for 25 years at 4.5%. Adlust payments from monthly to every two weeks (bi-weekly or 26 payments), and you'll reduce your amortization to 21 .7 years and save $20,033 in interest. Shorlèn yuramorizaion: A $200,000 mortgage amortized for 25 years ut 4.5%. Switch to 20 years, and you'Il pay off your mortgage 5 years earlier and save $29,488 in interest. Use your pre-paynmt pnviiees: A $200,000 mortgage amortized for 25 years ut 4.5%. Put $2,000 lump sumn amount each year on your mortgage and you'll pay off your mortgage in under 20 years and save $32,629 in interest costs. Rail hih-intret debtimnto your mortgage: You can use the equity in your home to consolidate your other hiàh-interest debt such as credit cards or store cards. By consolidlating ail of your debt into a new mortgage, you can make fewer payments, save money on interest costs, and improve your cash flow. You can then consider using the money you save each month ta pay- off your mortgage faster. Or use the savings for investing, RRSPs or RESPs. John Cavan is an Approved Mortgage Planner with Mort gage Arc hitects. Mort gage questions and concerns can be directed ta john Cavons office, located ai 14 Martin St., Milton. John can be reached by phone: 905-878-7213 or by emnail:john.cavan@mntgarc.ca. John Cavons websiite is www.stressfreemorgage.ca. Contact John today about your stressfree mortgage opportunties. WarnI~rge 3N~Ur essa 623 Da yau want ta reach the new home awnees in tawn ar ____ are yau interested in the aider part of town, or bath. We can deliver your flyer ta the exact demagraphica yau want ta reach. For your next flyer drop cal: Diane Wolstenholme, Sales Representative at 905-878-2341 ext. 212 dianew@miftonconadlanchîmploa.oom ~5 00FLYE Call the i-i (1ruvii tctiui " today!:ý" L_01111 (jioli., 220%* Cau ýï î'.'rý î .4 ýf'Ê biei* "t à streu fra Mffle, - RaIeS subjeci Io change a( any lune w0oul notice, - - 0 A Cý Mortgage «, AkArchiteds .WÀ "8784213 John CâvaR'ý www.strestfreemorigage.ca 14 Martin St., Milton, ON 9 H-d Offk-: 64M Mbohup R&, Mb"u»t, oN