No one likes mortgage payments but many people pay more interest than they have to. Mortgage products that are interest only, may have lower payments but they also have you paying the lender for a very long time. This video tells you some of the ways to save money. By paying down your mortgage in Alberta faster, you not only pay less interest but more of your existing payments then go to further pay down the mortgage principal faster.

Jeffrey Kahane from Kahane Law Office.