Quote:
Originally Posted by cam_wmh
Yep, CMHC fees are not linear, they curve.
That said, I bought my first place last year, and put down 23%
|
This is what I was saying, at today's interests rates, if makes allot more sense to pay 20%, and invest the extra $10,000 - $15,000 you probably spent. Even in a GIC or something, you will likely gain more on the investment than you will pay on your mortgage over the term.