Renewals, refinancing and equity
You already own the house. These pages are about not overpaying for the rest of it.
Every renewals and refinancing page
Renewing
The most expensive thirty seconds in personal finance.
Mortgage Renewal
The renewal process, and why auto-signing the letter is the costliest habit in Canadian finance.
Read thisMortgage Renewal Rates
What drives the number on your renewal offer, and how to negotiate it.
Read thisEarly Mortgage Renewal
Renewing before the term ends, and whether the blend on offer is a good deal.
Read thisSwitch Mortgage Lenders
Moving lenders at renewal with no penalty, step by step.
Read thisMortgage Transfer
The paperwork, the timelines and who pays for what.
Read thisRefinancing and equity
Restructuring what you already have.
Mortgage Refinance
Restructuring mid-term: what it costs, what it unlocks, and when it pays.
Read thisAccess Home Equity
How much is actually available, and the rules that cap it.
Read thisHome Equity Loan
HELOC against second charge, compared on cost, flexibility and risk.
Read thisCash-Out Refinance
Breaking and re-advancing, and the penalty arithmetic that decides it.
Read thisRefinance for Renovations
Funding a renovation against equity rather than credit cards.
Read thisLower Mortgage Payments
Every lever that reduces a monthly payment, and what each one costs you later.
Read thisDebt and penalties
Consolidating, and what it costs to get out early.
Debt Consolidation Mortgage
Rolling high-interest debt into the mortgage, and the trap on the other side.
Read thisRefinance to Pay Off Debt
The refinance mechanics and the break-even maths, worked through.
Read thisUse Home Equity to Pay Off Debt
The equity-side view: when it is worth it, and when it quietly is not.
Read thisMortgage Penalty
How three months interest and interest rate differential are each calculated.
Read thisBreak My Mortgage
A decision framework for whether breaking actually pays.
Read thisDo not sign that renewal yet
Fifteen minutes now is worth more than any rate comparison site.