Turn multiple payments into one simple mortgage
Debt Consolidation — Save Thousands
Save money, eliminate high-interest debts, stop CRA interest, and rebuild your credit — all through smart refinancing.
Why Consolidate Your Debt?
Managing multiple debts can be overwhelming and costly. High-interest payments drain your savings and create financial stress. With debt consolidation, you can:
- Eliminate high-interest credit card and loan payments
- Stop CRA tax arrears from accumulating daily interest
- Simplify your finances with one easy monthly mortgage payment
- Improve your monthly cash flow significantly
We work closely with you from the first meeting to tailor a strategy that helps you regain control of your finances and build a stronger credit profile.
Real Client Scenario: Before vs After Consolidation
A client was drowning in debt with high monthly payments that were eating up their savings. Here’s their breakdown:
Debt Type
Balance
Monthly Payment
New Payment (After)
Mortgage
$320,000
$2,760
$3,920 (refinanced total)
CRA Tax Arrears
$50,000
$350
$0
Store Cards
$12,000
$450
$0
Lines of Credit
$9000
$270
$0
Credit Cards
19000
$380
$0
Car Loan
$22,000
$920
$0
Total Debt
$432,000
$5,130
$3,920
BEFORE & AFTER COMPARISON
Description
Before Consolidation
After Consolidation (Refinance)
Total Debt
$432,000
$432,000
Monthly Payment
$5130
$3920
Interest Rate
Mixed (High on cards)
Low mortgage rate
Payment Complexity
Multiple payments
One simple payment
CRA Interest
Accruing daily
Stopped
How You Save
By consolidating all your debt into one low-rate mortgage:
- You eliminate costly high-interest payments on credit cards and loans
- CRA arrears stop accumulating daily interest
- All your debts become one manageable monthly payment
- Your monthly cash flow improves — giving you breathing room
Credit & Financial Benefits
Empowering Your Financial Future
- Lower debt utilization boosts your credit score
- Easier access to A-lenders and better mortgage rates later
- CRA collections stop — regain peace of mind
- More room to invest and build wealth
- One simple payment to manage — less stress, more control
What If You Reinvest the Savings?
Instead of spending the extra $1,210/month, apply it back into your mortgage as extra payments to save even more on interest and pay off your home faster:
Extra Monthly Payment
New Amortization
Interest Saved
$1,000
~17.7 years
~$125,000+
$1,500
~14 years
~$160,000+
Even though you refinance with a 30-year amortization, extra payments help you become mortgage-free faster than your original 14-year term
Ready to Explore Your Options?
Don’t let debt control your life. Let’s find the best debt consolidation solution for you today.
Contact us now for a free consultation and take the first step towards financial freedom.