About the calculator

1) Simply hit the button to "clear all fields" near the top right hand corner of the calculator, and you're ready to go!  

2) Since the calculator uses a true comparison, the payment amount in Table B must be equal to the total of all payments in table A, however if you choose a lower payment on your mortgage than is stated in table B, the savings will be in the form of cashflow rather than interest savings.  Please contact us for a revised cashflow savings calculation.

3) You will need to know the penalty amount to break your mortgage.  If you are unsure of what the penalty to break your mortgage is at this time, please contact us.  Penalty calculations formulas differ depending on the lender.

4) What rate you will receive for your debt consolidation depends on a few factors.  Please contact us for an estimation of what rate you will receive.