Credit cards at 20%, a line of credit at 10%, a car loan at 9% — all sitting beside a mortgage at half those rates. Enter your numbers and see what one payment would look like, and what it actually costs in interest.
Your mortgage today
High-interest debt
$93,000 · $2,040/mo
Paid off in 4 yr 2 mo, costing $11,314 in interest.
Paid off in 9 yr 1 mo, costing $19,238 in interest.
Paid off in 4 yr 8 mo, costing $6,307 in interest.
Paid off in 4 yr, costing $3,512 in interest.
The renewal / refinance
Refinancing costs
$8,742
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Three real BC scenarios, walked through end to end
Renewal timing, penalties, the 80% equity ceiling, and the one mistake that undoes the whole plan.
