原帖由 执迷不悔 于 2009-3-11 15:08 发表 0 ^. N7 ^9 w0 k! E( U
基于现在的Prime这么低-- 2.5%, 想出这么个自作聪明的方法 $ v( `: ] R1 n* E# d- q! i, O
用房子作抵押申请line of credit去付 mortgage, 以利率 为 5% 记, 一年能省2.5% 的利息,若是100,000 就是100,000X2.5%=2500 CAD。; V- C$ O) S) x5 x
目前唯一风险是 ...
9 S1 j" Q0 n9 n. t( Y1 u , b. s. G J! O& d0 t7 [+ C7 x' s9 \ ) M# H- Z: l+ p* TShould be Ok... ( B- f* D4 f/ W/ P) U. U% }1 G% ~2 c' }6 ]2 X/ c2 M f' W
And no worry about the risk of the prime going up. actually, you can borrow the money from your mortgage to pay your line of credit when the prime is higher than mortgage rate.
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Should be Ok...6 e) W: y N& a
" S. d0 o- o' }' s( N1 w* LAnd no worry about the risk of the prime going up. actually, you can borrow the money from your mortgage to pay your line of credit when the prime is higher than mortgage rate ...
4 d& [+ c( Y6 z% F$ f 8 l4 ^% m6 u5 R1 Q! Y' x 2 j4 t7 o( b4 RNo extra cost as far as I know....but should talk to your bank first. every bank has different policy.
one thing to remember: + v1 ]% U& X5 d5 f2 U+ Q# H2 ~- {% K! g; W [
Prime rate is not base rate: for example, the prime is 2.5%, but most banks's base rate is 4% to 5%...