What is a mortgage holiday?⎥Ep. 103
Oct 17, 2024•5 min•Ep. 103
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Episode description
In this episode, you’ll learn the pros and cons of mortgage holidays.
Even though a few months’ break from your mortgage sounds great … there are financial implications. Sure, you stop paying down debt but the bank keeps charging you interest. This gets added on to your loan.
That’s why most banks will explore alternative options before “green lighting” a mortgage holiday.
To read the article on the Opes Partners website click here.
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