How is a mortgage payment calculated? It’s based on three things: how much you borrow, your rate, and how long you take to pay it back. Want to know what your payment would be? Let’s chat and I’ll do the math for you! 👩🏼‍💻 Colleen 📞 236•638•3315 #mortgageeducation #mortgagetips #canadianhomebuyers #mortgagesimplified #mortgagebroker | Mortgages by Colleen Haslett

The PMI Secret Banks Don't Want You to Know!Did you know you can remove PMI from your conventional mortgage without refinancing? Here's how: 1. Calculate your loan-to-value ratio by dividing your current mortgage balance by your property's value. If the result is below 0.8, you're eligible to remove PMI.2. For example, if you owe $400,000 on a house worth $520,000, your ratio is 0.769.3. Call your mortgage provider to request PMI removal. It's that simple to lower your total payment and keep you