Paying the Consolidated Debt Off Faster
Practical ways to pay off debt you've rolled into your mortgage faster, so consolidation saves money instead of stretching debt over decades.
Guides
Category: The numbers
Costs of Consolidating: Penalties, Fees and Legal
The costs of consolidating debt into your mortgage in Alberta, from prepayment penalties and legal fees to lender fees, and how to keep them down.
Why a Lower Payment Can Still Cost More
How spreading consolidated debt over a long mortgage amortization can mean more total interest, even at a lower rate, and how to avoid that trap.
The Math: How to Calculate Your Real Savings
A simple way to calculate whether consolidating debt into your mortgage really saves money, with a worked example comparing monthly and total costs.