Two New Tools to Take Control of Your Finances
Mortgage Affordability Calculator and Debt Repayment Calculator Exciting announcement — we have two great new tools that can help you take control of both your debt payments and your homeownership dreams. Here’s what’s new: Tool #1: Mortgage Payment Calculator The mortgage calculator, available through The Mortgage Centre, is a quick, easy way to assess your […]
What is a Good Budget and What is a Debt Service Ratio?
The first step to building a positive financial future is to have a budget and to understand your debt service ratios. What is a debt service ratio? There are actually two kinds of debt service ratio. A debt service ratio is a measurement used by the bank to determine if your bills represent an acceptable […]