Bank Calculators For Your Edmonton Mortgage Penalties | Edmonton Homes for Sale Blog - Your Daily Guide to Edmonton Real Estate

Bank Calculators For Your Edmonton Mortgage Penalties

This article was inspired by the recent piece of CBC News, “ GO PUBLIC | TD Bank client ‘devastated’ by $17,000 mortgage penalty”. I’ve seen from my Facebook feed comments stating that this was a serious problem and that there are many individuals that have been victims of huge mortgage penalties. It’s a horrible thing to happen to anyone who would like to terminate their mortgage contract with their banks.

There’s nothing much that anyone could really do about it. There’s currently no law that regulates the standardization of mortgage penalties. If you’re thinking of paying off your mortgage early, we at Team Leading Edge have compiled a list of the major banks’ penalty calculators. We all know this isn’t the most accurate tool as there are other factors that would affect the overall result but this is just as helpful in estimating the range of the penalty that you would actually pay.

  1. TD Bank:
    Edmonton Mortgage Houses
  2. Manulife Bank:

    Edmonton Home Loan

  3. HSBC:

    Edmonton HSBC Mortgage

  4. Tangerine (former ING Direct):

    Edmonton Tangerine Bank Mortgage

  5. Scotiabank:

    Edmonton Homes for sale

  6. CIBC:

    Edmonton CIBC Mortage

  7. RBC Royal Bank:

    Edmonton MLS Listings

  8. Bank of Montreal:

    Edmonton homes condos loans

  9. Laurentian Bank:

    Edmonton homes for sale

  10. National Bank of Canada:

    National Bank of Canada Edmonton Mortgage

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