[vc_row][vc_column][vc_column_text]The inflation hedge mortgage strategy can help protect you from future payment shock on renewal, adjust your mortgage for inflation over time, and save you thousands of dollars over your current “set it and forget it” mortgage plan. This is the foundation of our mortgage planning and the reason that our customers pay their mortgages off 7 years sooner than the average Canadian. That’s what being a part of our #MortgageFamily is all about.
The strategy is simple: make small, manageable increases to your payments spread over a 5 year period, therefore keeping up with inflation; as opposed to one big “payment shock” at the end of 5 years when you’re up for renewal.
To see how it works use the calculator below. Enter your current information and an estimated current rate that is available in the market today, or a rate higher than your current mortgage rate. The calculator will give you a new “suggested” payment and show you how much you can save! As you will see, even the smallest of changes have a large impact on your mortgage over the long run![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_wp_text]