Perfect Plans Mortgage

The Full Picture

Interest rates often take the spotlight in the mortgage conversation, and rightly so, as they significantly influence your monthly payments and the overall cost of your loan. A lower interest rate can translate to substantial savings over the life of your mortgage, making the pursuit of favorable rates a key priority for many borrowers. However, fixating solely on interest rates overlooks other crucial aspects that can affect the long-term value and flexibility of your mortgage.


Equally important are factors such as the mortgage term, amortization period, payment options, and potential penalties for early repayment. These elements can dramatically impact your financial flexibility, the ability to make extra payments, and even the total interest paid over the life of the mortgage. Therefore, while securing a low interest rate is important, a comprehensive approach that considers all facets of a mortgage will ensure that you find a home loan tailored to your financial goals and lifestyle needs.

Current Interest Rates

** Please note - Rates are updated weekly and are subject to change. For up-to-the minute rate updates please reach out.