Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Mortgage Payout!!! [Old Thread- new questions]

mykalberta · 03-22-2010, 04:47 PM

+1 - the 12K is normal - its the IRD

The remaining interest is a peculiar fee. I am in a similar position and PC Financial is only going to charge me the IRD. Which funny enough goes down by almost 50% if interest rates rise 0.25% in June

FYI - The penalty calculation is not regulated there for its different for every bank.

03-22-2010, 04:47 PM	#12
mykalberta Franchise Player Join Date: Aug 2005 Location: Calgary Exp:	+1 - the 12K is normal - its the IRD The remaining interest is a peculiar fee. I am in a similar position and PC Financial is only going to charge me the IRD. Which funny enough goes down by almost 50% if interest rates rise 0.25% in June FYI - The penalty calculation is not regulated there for its different for every bank. __________________ MYK - Supports Arizona to democtratically pass laws for the state of Arizona Rudy was the only hope in 08 2011 Election: Cons 40% - Nanos 38% Ekos 34%