Mortgage term vs. amortization: what is the difference?
You’re looking at a mortgage offer that says “three-year term” and “25-year amortization.” It’s reasonable to wonder: which one tells you when the mortgage is finished? The 25-year […]
Knowledge centre
You’re looking at a mortgage offer that says “three-year term” and “25-year amortization.” It’s reasonable to wonder: which one tells you when the mortgage is finished? The 25-year […]