Canadian Mortgage Advisor
8-8 Strathearn Avenue
Greater Toronto Area , ON , L6T 4L9 Canada
1-416-930-1225

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Helping GTA Homeowners find a mortgage that is right for them
Call Us: 1-416-930-1225

To buy a home we all need money. That may be arranged in the form of a mortgage, savings, or a mixture of both. The last approach is very popular.

In order to pay some money (down payment + closing costs) at the time of buying a home, we all need to work very hard and save. If you are able to manage, saving a sizable a down payment can save you thousands of dollars over time. The reason is that you will start with a smaller mortgage. A down payment over 20% (less than 80% Loan to Value ratio) may help you save on mortgage default insurance premiums – Which also adds on to your mortgage.

  1. Do not keep your savings in a low paying account. Try to find a good interest paying account.
  2. If you understand investing risks then try to talk to a licensed financial advisor, ask about short term investment options.
  3. You may also be eligible to withdraw money from your RRSP tax free. You will be given plenty of time to pay back.

Let’s Talk

About Us

Sudip Adhikari.
Agent License #M10001082
Broker Mortgage Diligent -
Head Office -1305 Matheson Blvd East, Mississauga, ON L4W 1R1
FSCO #10252 O.A.C , E&OE

Currently Serving


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