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Hi there,
Breaking, refinancing, or paying off your mortgage should feel like progress, not like stepping into a financial trap.
But here's the part most homeowners only learn after the fact: exiting your mortgage in Ontario can trigger discharge fees, admin charges, and sometimes prepayment penalties… all of which can quietly cut into your savings.
The good news? Most of these costs aren't random. They're predictable, and in many cases, avoidable with the right timing and a clear strategy. In this week's guide, I break down the factors that actually affect your discharge fee and how to minimize what you owe when you refinance, switch lenders, or sell.
If you're even thinking about making a mortgage move this year, this is the one article you don't want to skip.
Want to learn more? Let's chat.
(No pressure, just smart advice.)
Talk soon,
David |
