Posts Tagged ‘ Amortization Period ’

9 Useful Facts about House Mortgage

9 Useful Facts about House Mortgage

1. Amortization Period It is not always better to choose the longest amortization period on your mortgage. Although the payments will be lower with a longer amortization period, you will end up paying more in interest over the life of your mortgage. The following example shows this for a $250,000 mortgage with a 5%...

Read more »

Feature Story

How Much Do First Nations Chiefs Make Annually across Canada?

Chief Ron Giesbrecht in BC took home almost $1,000,000 INCOME TAX FREE! His band has a population of only 82!!! Chief Jim Boucher in Alberta claimed an annual salary of...

Read more »

Top Financial Stories

How Much Do Tim Hortons Owners Earn Annually?

Tim Hortons store owner pockets each year: $265,558 and more (after tax & interest)!!! In year 2002 for an average Tim Horton's outlet: Gross earning: $1.5Million...

Read more »