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How do I change my mortgage payments?
You have the option to change your mortgage payments at the end of each term.
You can also increase, or even double your mortgage payments without additional fees or penalties.
To change:
-
The frequency of your payments: make
an appointment.
-
The amount of your payments: make
an appointment.
Discover how to make an additional payment from your online bank or with the National Bank app.
- You can also visit one of our branches
Do you have an All-In-OneTM home equity line of credit? It’s up to you to decide how much you want to pay back each month. Remember, interest (and insurance premium, if applicable) is payable.
Want to learn more?
Need advice?
-
Learn how to make a
budget in 6 steps.
-
Discover our tips on
budgeting and saving so you can achieve your objectives.
TM The All-In-One Home Equity line of credit is a trademark of National Bank.
Related questions
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How do I change my mortgage payments? Learn how to change your mortgage payments. You could pay off your mortgage faster and save money. -
How does the RRSP loan or line of credit work in the Home Buyers' Plan? Get an RRSP loan or line of credit to benefit from the Home Buyers’ Plan and buy your first home. -
How does a down payment work? Learn more about the down payment and find out the minimum amount you'll need to put towards the purchase of a property.
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