Deciding what type of mortgage to consider is no easy task. This Mortgage Cash Back calculator will help decide what type may be better for your situation by comparing a mortgage with a lower interest rate or one with a higher rate and a cash back offer.
Mortgage Cash Back Calculator
This Mortgage Cash Back calculator compares a mortgage with a lower interest rate or one with a higher rate and a cash back offer.
This calculator considers mortgage rates, the interest rates, payment frequency, amortization and term. Generally the mortgage with a cash back option may have a higher interest rate.
Additional mortgage calculators are available including:
Mortgage Cash Back Calculator
Companion Infographic
For most Canadians, their home will likely be the biggest purchase they’ll ever make. That’s why it’s so important to protect their investment with products like mortgage insurance and term insurance.
Many lenders will offer to sell mortgage insurance (life insurance on the mortgage) right at the time of settling on the mortgage. While this is convenient, term life insurance is another option to help ensure the mortgage is paid off. It’s a good idea consider which type of protection is the best fit.
Features
Consumer-facing
These consumer-facing financial calculators can be embedded in your web site quickly and easily.
Responsive
Calculators are easy-to-use and fully responsive on any device – phone, tablet, laptop or desktop.
Full Branding
Calculators can be fully branded according to your branding style guide. You’ll be up and running with a quick turnaround.
The calculator can be viewed for free up to five (5) times.
To use the full-featured versions of these calculators in FreshPlan, please contact us.