MortgageCutter
How Many Years Can You Cut?
4 numbers. 60 seconds. See the math your bank hopes you never run.

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HELOC — HELOC (Home Equity Line of Credit) · Up to 80% (65% Revolving) · CAD

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Tell us about your mortgage

We use this to calculate your personalized savings estimate.

Current market value — check a recent listing or property appraisal. Not your purchase price.

Outstanding amount you still owe. Check your latest mortgage statement or online portal.

Your current annual rate (APR). Found on your mortgage contract or latest renewal letter. E.g. enter 5.95 for 5.95%.

Full repayment schedule left — NOT your 5-year renewal term. Standard in Canada: 25 years.