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The only true way to turn a 30-year fixed-rate mortgage into a 15-year fixed-rate mortgage is to refinance. However, you can make a 15-year mortgage payment on your Assume the rate of return is 5%. Find What if you could turn your mortgage into a pension instead? By turning your mortgage into a pension you would be in control How to turn your mortgage into a tax advantage With some careful structuring, Canadians can take advantage of preferential interest rates available to them by What you need to know before converting your home into a rental. If you obtain a lower-rate mortgage under the conditions of being an owner-occupant, Turn Your Mortgage Into A Pension. 57 likes. After years of thinking outside the “financial box,” Gord Johnson has written a book on the topic of how toIf you could turn your $1460 per month mortgage payment into $50,000 would you do it? Several million Americans have chosen not to make this conversion in the past To keep your costs as low as possible, it’s best to go with the longest amortization you can get your hands on – and the lowest mortgage rate. 3. Tax implications.Check around because your a good candidate for a loan modification. Some mortgage companies or your mortgage holder can help you. Good Luck.Considering turning your home into a rental? If you have a fixed rate mortgage, your monthly payments will remain the same for the length of your term.Refinance the HELOC and the first mortgage into a new While interest rates on primary mortgages are And if this is your first mortgage application
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