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MJK · 05-22-2009, 11:37 AM

Mortgage is $208,000

I really only want to pay 10% down right now and would prefer not to use a credit line as I am trying to pay one of those off as well.

I can put about $20,000 combining cash and rrsp money.

But I would try and double up my biweekly payments for the next two years if possible. Paying down a lot is really only an option while I live in the North. As soon as I go back to Newfoundland my pay gets cut in half and I will be making regular payments.

05-22-2009, 11:37 AM	#63
MJK Franchise Player Join Date: Jun 2003 Location: N/A Exp:	Mortgage is $208,000 I really only want to pay 10% down right now and would prefer not to use a credit line as I am trying to pay one of those off as well. I can put about $20,000 combining cash and rrsp money. But I would try and double up my biweekly payments for the next two years if possible. Paying down a lot is really only an option while I live in the North. As soon as I go back to Newfoundland my pay gets cut in half and I will be making regular payments.