The Most Brilliant Way to Pay Off Your Mortgage in Canada

Paying off a mortgage faster in Canada can be achieved through lump sum payments, accelerated biweekly payments, and refinancing to lower interest rates. Lump sums reduce principal and interest, often allowed up to 10-20% annually without penalties. Biweekly payments add an extra monthly payment yearly, shortening the loan term. Consulting a mortgage broker and using mortgage calculators can help optimize repayment strategies and save thousands in interest.