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Steps to SAVE $65,541 on your Mortgage

SAVE $65,541 ON YOUR MORTGAGE IN 3 SIMPLE STEPS 2 00 3 00 =$65,541 1 00 TOTAL SAVINGS COMPARE MORTGAGE RATES MAKE RAPID PAYMENTS MAKE LUMP SUM PAYMENTS $34,907 $19,887 $10,747 BASED ON A $300,000 MORTGAGE, AMORTIZED OVER 25 YEARS. STEP 1-COMPARE MORTGAGE RATES AVERAGE DISCOUNTED BANK RATE - 4.24%' INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST | 4.24% | $1,617 I $185,201 YOUR SAVINGS 2 AVERAGE RATESUPERMARKET.CA RATE - 3.52% 3.52% $1,501 $150,294 $34,907 INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST TOTAL INTEREST SAVED : $34,907 4 THOSE WHO COMPARE SAVE WHAT SAVES YOU MORE ANNUALLY WHEN YOU COMPARE? MORTGAGE RATES O" GROCERIES' $1,396 72 USERS WHO COMPARED MORTGAGE RATES WITH RATESUPERMARKET.CA ON AVERAGE $1,150 FOUND RATES THAT WERE 72 BASIS POINTS (0.72%) 5 LOWER THAN THE BANKS' 8 INTERNET PROVIDERS CELL PHONE PLANS DISCOUNTED RATE $612 $492 STEP 2- MAKE RAPID PAYMENTS MONTHLY PAYMENTS 00 PAYMENT $1,500 3 TOTAL INTEREST | 150,294 Bi-WEEKLY RAPID PAYMENTS 00 YOUR SAVINGS PAYMENT $750 $19,887 TOTAL INTEREST | $130,407 10 TOTAL INTEREST SAVED: $19,887" 10 HOW DO ? RAPID BI-WEEKLY PAYMENTS 2YEARS SAVE YOU MONEY BECAUSE YOU PAY HALF OF YOUR MONTHLY PAYMENT EVERY OTHER WEEK YOU END UP MAKING AN EXTRA PAYMENT EACH YEAR. SWITCHING YOUR PAYMENTS TO BI-WEEKLY RAPID CAN CUT 2 YEARS OFF YOUR MORTGAGE STEP 3 - MAKE LUMP SUM PAYMENTS RATESU/S ET.CA $1,000 OVER 20 YEARS $10,747 ANNUAL LUMP SUM PAYMENTS INTEREST SAVED TOTAL INTEREST SAVED : $10,747" 12 AN EXTRA $1000 A YEAR IS SIMILAR TO SAVING $83.50 EACH MONTH, OR PASSING ON YOUR SAVINGS 17 LATTES DURING THE MONTH $10,747 13 OF CANADIANS HAVE MADE A LUMP 18% SUM PAYMENT IN THE LAST YEAR 11 HOW DO ? 1YEAR LUMP SUM PAYMENTS SAVE YOU MONEY BECAUSE LUMP SUM PAYMENTS ARE APPLIED DIRECTLY TO YOUR PRINCIPAL, SAVING YOU INTEREST. MAKING ANNUAL LUMP SUM PAYMENTS OF ONLY $1,000 A YEAR CAN SAVE OVER 1 YEAR OFF YOUR MORTGAGE RateSupermarket.ca COMPARE AND SAVE ON YOUR MORTGAGE TODAY 1. The average five year fixed discounted rate for the big five banks from September 2010 to August 2011. 8. Annual savings were calculated by comparing similar current posted cell phone plans from Canadian cell phone providers, plans included: unlimited minutes, texting, data plan, and voicemail. 9. Annual savings were calculated by comparing similar current posted internet plans from Canadian internet providers, plans included: 5M/800K. 10. The total interest saved when moving from monthly mortgage payments to bi-weekly rapid payments for a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. A bi-weekly rapid payment schedule will leave you mortgage free 2 years sooner. 11. The total interest saved when annual lump sum prepayments of $1,000 are made each year for 20 2. The average five year fixed lowest rate on RateSupermarket.ca from September 2010 to August 2011. 3.The total interest paid over the course of the mortgage assuming a constant interest rate. 4. The total interest saved on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52% versus 4.24%. 5. The difference between the average bank discounted rate (1), and the average RateSupermarket.ca Rate (2) from September 2010 to August 2011 6. Annual savings calculated by comparing the average big five bank's discounted rate from September 2010 to August 2011, and the lowest five year fixed rate on RateSupermarket.ca during the same period for a $300,000 mortgage amortized over 25 years. years on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. Annual lump sum payments will leave you mortgage free over 1 year sooner. 12. Assuming the price of a latte is $5. 13. Source: CAMMP, 2010". 7. Annual savings calculated by taking the amount you can save by comparison shopping for your groceries by shopping at discounted grocery stores, and comparing name brand items that every store carries. Source: 12 Ways to Save Big on Groceries, MyMoneyCoach.ca BASIS POINTS SAVE $65,541 ON YOUR MORTGAGE IN 3 SIMPLE STEPS 2 00 3 00 =$65,541 1 00 TOTAL SAVINGS COMPARE MORTGAGE RATES MAKE RAPID PAYMENTS MAKE LUMP SUM PAYMENTS $34,907 $19,887 $10,747 BASED ON A $300,000 MORTGAGE, AMORTIZED OVER 25 YEARS. STEP 1-COMPARE MORTGAGE RATES AVERAGE DISCOUNTED BANK RATE - 4.24%' INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST | 4.24% | $1,617 I $185,201 YOUR SAVINGS 2 AVERAGE RATESUPERMARKET.CA RATE - 3.52% 3.52% $1,501 $150,294 $34,907 INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST TOTAL INTEREST SAVED : $34,907 4 THOSE WHO COMPARE SAVE WHAT SAVES YOU MORE ANNUALLY WHEN YOU COMPARE? MORTGAGE RATES O" GROCERIES' $1,396 72 USERS WHO COMPARED MORTGAGE RATES WITH RATESUPERMARKET.CA ON AVERAGE $1,150 FOUND RATES THAT WERE 72 BASIS POINTS (0.72%) 5 LOWER THAN THE BANKS' 9 8 INTERNET PROVIDERS CELL PHONE PLANS DISCOUNTED RATE $612 $492 STEP 2- MAKE RAPID PAYMENTS MONTHLY PAYMENTS 00 PAYMENT $1,500 3 TOTAL INTEREST | 150,294 Bi-WEEKLY RAPID PAYMENTS 00 YOUR SAVINGS PAΥMENT $750 $19,887 TOTAL INTEREST | $130,407 10 TOTAL INTEREST SAVED: $19,887" 10 HOW DO ? 10 RAPID BI-WEEKLY PAYMENTS 2YEARS SAVE YOU MONEY BECAUSE YOU PAY HALF OF YOUR MONTHLY PAYMENT EVERY OTHER WEEK YOU END UP MAKING AN EXTRA PAYMENT EACH YEAR. SWITCHING YOUR PAYMENTS TO BI-WEEKLY RAPID CAN CUT 2 YEARS OFF YOUR MORTGAGE STEP 3 - MAKE LUMP SUM PAYMENTS RATESU/S ET.CA $1,000 OVER 20 YEARS $10,747 ANNUAL LUMP SUM PAYMENTS INTEREST SAVED TOTAL INTEREST SAVED : $10,747" 12 AN EXTRA $1000 A YEAR IS SIMILAR TO SAVING $83.50 EACH MONTH, OR PASSING ON YOUR SAVINGS 17 LATTES DURING THE MONTH $10,747 13 OF CANADIANS HAVE MADE A LUMP 18% SUM PAYMENT IN THE LAST YEAR 11 HOW DO ? 1YEAR LUMP SUM PAYMENTS SAVE YOU MONEY BECAUSE LUMP SUM PAYMENTS ARE APPLIED DIRECTLY TO YOUR PRINCIPAL, SAVING YOU INTEREST. MAKING ANNUAL LUMP SUM PAYMENTS OF ONLY $1,000 A YEAR CAN SAVE OVER 1 YEAR OFF YOUR MORTGAGE RateSupermarket.ca COMPARE AND SAVE ON YOUR MORTGAGE TODAY 1. The average five year fixed discounted rate for the big five banks from September 2010 to August 2011. 8. Annual savings were calculated by comparing similar current posted cell phone plans from Canadian cell phone providers, plans included: unlimited minutes, texting, data plan, and voicemail. 9. Annual savings were calculated by comparing similar current posted internet plans from Canadian internet providers, plans included: 5M/800K. 10. The total interest saved when moving from monthly mortgage payments to bi-weekly rapid payments for a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. A bi-weekly rapid payment schedule will leave you mortgage free 2 years sooner. 11. The total interest saved when annual lump sum prepayments of $1,000 are made each year for 20 2. The average five year fixed lowest rate on RateSupermarket.ca from September 2010 to August 2011. 3.The total interest paid over the course of the mortgage assuming a constant interest rate. 4. The total interest saved on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52% versus 4.24%. 5. The difference between the average bank discounted rate (1), and the average RateSupermarket.ca Rate (2) from September 2010 to August 2011 6. Annual savings calculated by comparing the average big five bank's discounted rate from September 2010 to August 2011, and the lowest five year fixed rate on RateSupermarket.ca during the same period for a $300,000 mortgage amortized over 25 years. years on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. Annual lump sum payments will leave you mortgage free over 1 year sooner. 12. Assuming the price of a latte is $5. 13. Source: CAMMP, 2010". 7. Annual savings calculated by taking the amount you can save by comparison shopping for your groceries by shopping at discounted grocery stores, and comparing name brand items that every store carries. Source: 12 Ways to Save Big on Groceries, MyMoneyCoach.ca BASIS POINTS SAVE $65,541 ON YOUR MORTGAGE IN 3 SIMPLE STEPS 2 00 3 00 =$65,541 1 00 TOTAL SAVINGS COMPARE MORTGAGE RATES MAKE RAPID PAYMENTS MAKE LUMP SUM PAYMENTS $34,907 $19,887 $10,747 BASED ON A $300,000 MORTGAGE, AMORTIZED OVER 25 YEARS. STEP 1-COMPARE MORTGAGE RATES AVERAGE DISCOUNTED BANK RATE - 4.24%' INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST | 4.24% | $1,617 I $185,201 YOUR SAVINGS 2 AVERAGE RATESUPERMARKET.CA RATE - 3.52% 3.52% $1,501 $150,294 $34,907 INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST TOTAL INTEREST SAVED : $34,907 4 THOSE WHO COMPARE SAVE WHAT SAVES YOU MORE ANNUALLY WHEN YOU COMPARE? MORTGAGE RATES O" GROCERIES' $1,396 72 USERS WHO COMPARED MORTGAGE RATES WITH RATESUPERMARKET.CA ON AVERAGE $1,150 FOUND RATES THAT WERE 72 BASIS POINTS (0.72%) 5 LOWER THAN THE BANKS' 9 8 INTERNET PROVIDERS CELL PHONE PLANS DISCOUNTED RATE $612 $492 STEP 2- MAKE RAPID PAYMENTS MONTHLY PAYMENTS 00 PAYMENT $1,500 3 TOTAL INTEREST | 150,294 Bi-WEEKLY RAPID PAYMENTS 00 YOUR SAVINGS PAΥMENT $750 $19,887 TOTAL INTEREST | $130,407 10 TOTAL INTEREST SAVED: $19,887" 10 HOW DO ? 10 RAPID BI-WEEKLY PAYMENTS 2YEARS SAVE YOU MONEY BECAUSE YOU PAY HALF OF YOUR MONTHLY PAYMENT EVERY OTHER WEEK YOU END UP MAKING AN EXTRA PAYMENT EACH YEAR. SWITCHING YOUR PAYMENTS TO BI-WEEKLY RAPID CAN CUT 2 YEARS OFF YOUR MORTGAGE STEP 3 - MAKE LUMP SUM PAYMENTS RATESU/S ET.CA $1,000 OVER 20 YEARS $10,747 ANNUAL LUMP SUM PAYMENTS INTEREST SAVED TOTAL INTEREST SAVED : $10,747" 12 AN EXTRA $1000 A YEAR IS SIMILAR TO SAVING $83.50 EACH MONTH, OR PASSING ON YOUR SAVINGS 17 LATTES DURING THE MONTH $10,747 13 OF CANADIANS HAVE MADE A LUMP 18% SUM PAYMENT IN THE LAST YEAR 11 HOW DO ? 1YEAR LUMP SUM PAYMENTS SAVE YOU MONEY BECAUSE LUMP SUM PAYMENTS ARE APPLIED DIRECTLY TO YOUR PRINCIPAL, SAVING YOU INTEREST. MAKING ANNUAL LUMP SUM PAYMENTS OF ONLY $1,000 A YEAR CAN SAVE OVER 1 YEAR OFF YOUR MORTGAGE RateSupermarket.ca COMPARE AND SAVE ON YOUR MORTGAGE TODAY 1. The average five year fixed discounted rate for the big five banks from September 2010 to August 2011. 8. Annual savings were calculated by comparing similar current posted cell phone plans from Canadian cell phone providers, plans included: unlimited minutes, texting, data plan, and voicemail. 9. Annual savings were calculated by comparing similar current posted internet plans from Canadian internet providers, plans included: 5M/800K. 10. The total interest saved when moving from monthly mortgage payments to bi-weekly rapid payments for a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. A bi-weekly rapid payment schedule will leave you mortgage free 2 years sooner. 11. The total interest saved when annual lump sum prepayments of $1,000 are made each year for 20 2. The average five year fixed lowest rate on RateSupermarket.ca from September 2010 to August 2011. 3.The total interest paid over the course of the mortgage assuming a constant interest rate. 4. The total interest saved on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52% versus 4.24%. 5. The difference between the average bank discounted rate (1), and the average RateSupermarket.ca Rate (2) from September 2010 to August 2011 6. Annual savings calculated by comparing the average big five bank's discounted rate from September 2010 to August 2011, and the lowest five year fixed rate on RateSupermarket.ca during the same period for a $300,000 mortgage amortized over 25 years. years on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. Annual lump sum payments will leave you mortgage free over 1 year sooner. 12. Assuming the price of a latte is $5. 13. Source: CAMMP, 2010". 7. Annual savings calculated by taking the amount you can save by comparison shopping for your groceries by shopping at discounted grocery stores, and comparing name brand items that every store carries. Source: 12 Ways to Save Big on Groceries, MyMoneyCoach.ca BASIS POINTS SAVE $65,541 ON YOUR MORTGAGE IN 3 SIMPLE STEPS 2 00 3 00 =$65,541 1 00 TOTAL SAVINGS COMPARE MORTGAGE RATES MAKE RAPID PAYMENTS MAKE LUMP SUM PAYMENTS $34,907 $19,887 $10,747 BASED ON A $300,000 MORTGAGE, AMORTIZED OVER 25 YEARS. STEP 1-COMPARE MORTGAGE RATES AVERAGE DISCOUNTED BANK RATE - 4.24%' INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST | 4.24% | $1,617 I $185,201 YOUR SAVINGS 2 AVERAGE RATESUPERMARKET.CA RATE - 3.52% 3.52% $1,501 $150,294 $34,907 INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST TOTAL INTEREST SAVED : $34,907 4 THOSE WHO COMPARE SAVE WHAT SAVES YOU MORE ANNUALLY WHEN YOU COMPARE? MORTGAGE RATES O" GROCERIES' $1,396 72 USERS WHO COMPARED MORTGAGE RATES WITH RATESUPERMARKET.CA ON AVERAGE $1,150 FOUND RATES THAT WERE 72 BASIS POINTS (0.72%) 5 LOWER THAN THE BANKS' 9 8 INTERNET PROVIDERS CELL PHONE PLANS DISCOUNTED RATE $612 $492 STEP 2- MAKE RAPID PAYMENTS MONTHLY PAYMENTS 00 PAYMENT $1,500 3 TOTAL INTEREST | 150,294 Bi-WEEKLY RAPID PAYMENTS 00 YOUR SAVINGS PAΥMENT $750 $19,887 TOTAL INTEREST | $130,407 10 TOTAL INTEREST SAVED: $19,887" 10 HOW DO ? 10 RAPID BI-WEEKLY PAYMENTS 2YEARS SAVE YOU MONEY BECAUSE YOU PAY HALF OF YOUR MONTHLY PAYMENT EVERY OTHER WEEK YOU END UP MAKING AN EXTRA PAYMENT EACH YEAR. SWITCHING YOUR PAYMENTS TO BI-WEEKLY RAPID CAN CUT 2 YEARS OFF YOUR MORTGAGE STEP 3 - MAKE LUMP SUM PAYMENTS RATESU/S ET.CA $1,000 OVER 20 YEARS $10,747 ANNUAL LUMP SUM PAYMENTS INTEREST SAVED TOTAL INTEREST SAVED : $10,747" 12 AN EXTRA $1000 A YEAR IS SIMILAR TO SAVING $83.50 EACH MONTH, OR PASSING ON YOUR SAVINGS 17 LATTES DURING THE MONTH $10,747 13 OF CANADIANS HAVE MADE A LUMP 18% SUM PAYMENT IN THE LAST YEAR 11 HOW DO ? 1YEAR LUMP SUM PAYMENTS SAVE YOU MONEY BECAUSE LUMP SUM PAYMENTS ARE APPLIED DIRECTLY TO YOUR PRINCIPAL, SAVING YOU INTEREST. MAKING ANNUAL LUMP SUM PAYMENTS OF ONLY $1,000 A YEAR CAN SAVE OVER 1 YEAR OFF YOUR MORTGAGE RateSupermarket.ca COMPARE AND SAVE ON YOUR MORTGAGE TODAY 1. The average five year fixed discounted rate for the big five banks from September 2010 to August 2011. 8. Annual savings were calculated by comparing similar current posted cell phone plans from Canadian cell phone providers, plans included: unlimited minutes, texting, data plan, and voicemail. 9. Annual savings were calculated by comparing similar current posted internet plans from Canadian internet providers, plans included: 5M/800K. 10. The total interest saved when moving from monthly mortgage payments to bi-weekly rapid payments for a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. A bi-weekly rapid payment schedule will leave you mortgage free 2 years sooner. 11. The total interest saved when annual lump sum prepayments of $1,000 are made each year for 20 2. The average five year fixed lowest rate on RateSupermarket.ca from September 2010 to August 2011. 3.The total interest paid over the course of the mortgage assuming a constant interest rate. 4. The total interest saved on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52% versus 4.24%. 5. The difference between the average bank discounted rate (1), and the average RateSupermarket.ca Rate (2) from September 2010 to August 2011 6. Annual savings calculated by comparing the average big five bank's discounted rate from September 2010 to August 2011, and the lowest five year fixed rate on RateSupermarket.ca during the same period for a $300,000 mortgage amortized over 25 years. years on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. Annual lump sum payments will leave you mortgage free over 1 year sooner. 12. Assuming the price of a latte is $5. 13. Source: CAMMP, 2010". 7. Annual savings calculated by taking the amount you can save by comparison shopping for your groceries by shopping at discounted grocery stores, and comparing name brand items that every store carries. Source: 12 Ways to Save Big on Groceries, MyMoneyCoach.ca BASIS POINTS SAVE $65,541 ON YOUR MORTGAGE IN 3 SIMPLE STEPS 2 00 3 00 =$65,541 1 00 TOTAL SAVINGS COMPARE MORTGAGE RATES MAKE RAPID PAYMENTS MAKE LUMP SUM PAYMENTS $34,907 $19,887 $10,747 BASED ON A $300,000 MORTGAGE, AMORTIZED OVER 25 YEARS. STEP 1-COMPARE MORTGAGE RATES AVERAGE DISCOUNTED BANK RATE - 4.24%' INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST | 4.24% | $1,617 I $185,201 YOUR SAVINGS 2 AVERAGE RATESUPERMARKET.CA RATE - 3.52% 3.52% $1,501 $150,294 $34,907 INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST TOTAL INTEREST SAVED : $34,907 4 THOSE WHO COMPARE SAVE WHAT SAVES YOU MORE ANNUALLY WHEN YOU COMPARE? MORTGAGE RATES O" GROCERIES' $1,396 72 USERS WHO COMPARED MORTGAGE RATES WITH RATESUPERMARKET.CA ON AVERAGE $1,150 FOUND RATES THAT WERE 72 BASIS POINTS (0.72%) 5 LOWER THAN THE BANKS' 9 8 INTERNET PROVIDERS CELL PHONE PLANS DISCOUNTED RATE $612 $492 STEP 2- MAKE RAPID PAYMENTS MONTHLY PAYMENTS 00 PAYMENT $1,500 3 TOTAL INTEREST | 150,294 Bi-WEEKLY RAPID PAYMENTS 00 YOUR SAVINGS PAΥMENT $750 $19,887 TOTAL INTEREST | $130,407 10 TOTAL INTEREST SAVED: $19,887" 10 HOW DO ? 10 RAPID BI-WEEKLY PAYMENTS 2YEARS SAVE YOU MONEY BECAUSE YOU PAY HALF OF YOUR MONTHLY PAYMENT EVERY OTHER WEEK YOU END UP MAKING AN EXTRA PAYMENT EACH YEAR. SWITCHING YOUR PAYMENTS TO BI-WEEKLY RAPID CAN CUT 2 YEARS OFF YOUR MORTGAGE STEP 3 - MAKE LUMP SUM PAYMENTS RATESU/S ET.CA $1,000 OVER 20 YEARS $10,747 ANNUAL LUMP SUM PAYMENTS INTEREST SAVED TOTAL INTEREST SAVED : $10,747" 12 AN EXTRA $1000 A YEAR IS SIMILAR TO SAVING $83.50 EACH MONTH, OR PASSING ON YOUR SAVINGS 17 LATTES DURING THE MONTH $10,747 13 OF CANADIANS HAVE MADE A LUMP 18% SUM PAYMENT IN THE LAST YEAR 11 HOW DO ? 1YEAR LUMP SUM PAYMENTS SAVE YOU MONEY BECAUSE LUMP SUM PAYMENTS ARE APPLIED DIRECTLY TO YOUR PRINCIPAL, SAVING YOU INTEREST. MAKING ANNUAL LUMP SUM PAYMENTS OF ONLY $1,000 A YEAR CAN SAVE OVER 1 YEAR OFF YOUR MORTGAGE RateSupermarket.ca COMPARE AND SAVE ON YOUR MORTGAGE TODAY 1. The average five year fixed discounted rate for the big five banks from September 2010 to August 2011. 8. Annual savings were calculated by comparing similar current posted cell phone plans from Canadian cell phone providers, plans included: unlimited minutes, texting, data plan, and voicemail. 9. Annual savings were calculated by comparing similar current posted internet plans from Canadian internet providers, plans included: 5M/800K. 10. The total interest saved when moving from monthly mortgage payments to bi-weekly rapid payments for a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. A bi-weekly rapid payment schedule will leave you mortgage free 2 years sooner. 11. The total interest saved when annual lump sum prepayments of $1,000 are made each year for 20 2. The average five year fixed lowest rate on RateSupermarket.ca from September 2010 to August 2011. 3.The total interest paid over the course of the mortgage assuming a constant interest rate. 4. The total interest saved on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52% versus 4.24%. 5. The difference between the average bank discounted rate (1), and the average RateSupermarket.ca Rate (2) from September 2010 to August 2011 6. Annual savings calculated by comparing the average big five bank's discounted rate from September 2010 to August 2011, and the lowest five year fixed rate on RateSupermarket.ca during the same period for a $300,000 mortgage amortized over 25 years. years on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. Annual lump sum payments will leave you mortgage free over 1 year sooner. 12. Assuming the price of a latte is $5. 13. Source: CAMMP, 2010". 7. Annual savings calculated by taking the amount you can save by comparison shopping for your groceries by shopping at discounted grocery stores, and comparing name brand items that every store carries. Source: 12 Ways to Save Big on Groceries, MyMoneyCoach.ca BASIS POINTS SAVE $65,541 ON YOUR MORTGAGE IN 3 SIMPLE STEPS 2 00 3 00 =$65,541 1 00 TOTAL SAVINGS COMPARE MORTGAGE RATES MAKE RAPID PAYMENTS MAKE LUMP SUM PAYMENTS $34,907 $19,887 $10,747 BASED ON A $300,000 MORTGAGE, AMORTIZED OVER 25 YEARS. STEP 1-COMPARE MORTGAGE RATES AVERAGE DISCOUNTED BANK RATE - 4.24%' INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST | 4.24% | $1,617 I $185,201 YOUR SAVINGS 2 AVERAGE RATESUPERMARKET.CA RATE - 3.52% 3.52% $1,501 $150,294 $34,907 INTEREST RATE MONTHLY PAYMENTS TOTAL INTEREST TOTAL INTEREST SAVED : $34,907 4 THOSE WHO COMPARE SAVE WHAT SAVES YOU MORE ANNUALLY WHEN YOU COMPARE? MORTGAGE RATES O" GROCERIES' $1,396 72 USERS WHO COMPARED MORTGAGE RATES WITH RATESUPERMARKET.CA ON AVERAGE $1,150 FOUND RATES THAT WERE 72 BASIS POINTS (0.72%) 5 LOWER THAN THE BANKS' 9 8 INTERNET PROVIDERS CELL PHONE PLANS DISCOUNTED RATE $612 $492 STEP 2- MAKE RAPID PAYMENTS MONTHLY PAYMENTS 00 PAYMENT $1,500 3 TOTAL INTEREST | 150,294 Bi-WEEKLY RAPID PAYMENTS 00 YOUR SAVINGS PAΥMENT $750 $19,887 TOTAL INTEREST | $130,407 10 TOTAL INTEREST SAVED: $19,887" 10 HOW DO ? 10 RAPID BI-WEEKLY PAYMENTS 2YEARS SAVE YOU MONEY BECAUSE YOU PAY HALF OF YOUR MONTHLY PAYMENT EVERY OTHER WEEK YOU END UP MAKING AN EXTRA PAYMENT EACH YEAR. SWITCHING YOUR PAYMENTS TO BI-WEEKLY RAPID CAN CUT 2 YEARS OFF YOUR MORTGAGE STEP 3 - MAKE LUMP SUM PAYMENTS RATESU/S ET.CA $1,000 OVER 20 YEARS $10,747 ANNUAL LUMP SUM PAYMENTS INTEREST SAVED TOTAL INTEREST SAVED : $10,747" 12 AN EXTRA $1000 A YEAR IS SIMILAR TO SAVING $83.50 EACH MONTH, OR PASSING ON YOUR SAVINGS 17 LATTES DURING THE MONTH $10,747 13 OF CANADIANS HAVE MADE A LUMP 18% SUM PAYMENT IN THE LAST YEAR 11 HOW DO ? 1YEAR LUMP SUM PAYMENTS SAVE YOU MONEY BECAUSE LUMP SUM PAYMENTS ARE APPLIED DIRECTLY TO YOUR PRINCIPAL, SAVING YOU INTEREST. MAKING ANNUAL LUMP SUM PAYMENTS OF ONLY $1,000 A YEAR CAN SAVE OVER 1 YEAR OFF YOUR MORTGAGE RateSupermarket.ca COMPARE AND SAVE ON YOUR MORTGAGE TODAY 1. The average five year fixed discounted rate for the big five banks from September 2010 to August 2011. 8. Annual savings were calculated by comparing similar current posted cell phone plans from Canadian cell phone providers, plans included: unlimited minutes, texting, data plan, and voicemail. 9. Annual savings were calculated by comparing similar current posted internet plans from Canadian internet providers, plans included: 5M/800K. 10. The total interest saved when moving from monthly mortgage payments to bi-weekly rapid payments for a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. A bi-weekly rapid payment schedule will leave you mortgage free 2 years sooner. 11. The total interest saved when annual lump sum prepayments of $1,000 are made each year for 20 2. The average five year fixed lowest rate on RateSupermarket.ca from September 2010 to August 2011. 3.The total interest paid over the course of the mortgage assuming a constant interest rate. 4. The total interest saved on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52% versus 4.24%. 5. The difference between the average bank discounted rate (1), and the average RateSupermarket.ca Rate (2) from September 2010 to August 2011 6. Annual savings calculated by comparing the average big five bank's discounted rate from September 2010 to August 2011, and the lowest five year fixed rate on RateSupermarket.ca during the same period for a $300,000 mortgage amortized over 25 years. years on a $300,000 mortgage, amortized over 25 years, assuming a fixed interest rate of 3.52%. Annual lump sum payments will leave you mortgage free over 1 year sooner. 12. Assuming the price of a latte is $5. 13. Source: CAMMP, 2010". 7. Annual savings calculated by taking the amount you can save by comparison shopping for your groceries by shopping at discounted grocery stores, and comparing name brand items that every store carries. Source: 12 Ways to Save Big on Groceries, MyMoneyCoach.ca BASIS POINTS

Steps to SAVE $65,541 on your Mortgage

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Steps to SAVE $65,541 on your Mortgage

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