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You may need to pay a prepayment charge. Use our calculator to estimate what it may cost to pay all or part of your closed mortgage before the term ends.
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Thinking of paying all or part of your mortgage early?
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Do you have mortgage questions? Don’t hesitate to connect with us. You can also learn more about prepayment penalties by visiting the website of the Financial Consumer Agency of Canada at: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/reduce-prepayment-penalties.html.
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