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How can I pay off my Tangerine Mortgage faster?

You can take advantage of our 25/25 prepayment options each Mortgage year:

  • Increase your payments by up to 25% of your original payment amount at the start of the term.
  • Make lump sum payments of up to 25% of your original mortgage amount at the start of the term on any scheduled payment date.

Also, if you change your payment frequency to accelerated weekly or accelerated bi-weekly, you can make an extra month’s worth of payments within in a year. See your Mortgage Agreement for details and conditions."