Here’s How Much You’ll Pay in Interest On a 30-Year Mortgage vs. a 25-Year Mortgage
If you’re getting ready to purchase a home, one of the most important financial decisions you’ll face is choosing the type of mortgage and the term length that best fits your needs. In Canada, a 25-year amortization term is standard, however, due to rising interest rates over the past few years, 30-year amortizations are becoming increasingly popular.&nb ...