[GNC] Canadian Mortgage

Liz edodd at billiau.net
Mon Jan 31 04:52:59 EST 2022


On Sun, 30 Jan 2022 21:40:37 -0500
Al Maloney <aosdana at gmail.com> wrote:

> Thanks.
> What you say about formulae and bank practice makes sense to me.
> Your advice says to me: "Don't sweat the small stuff".

Some years ago, in Australia a number of people took to the courts to
get the banks to recalculate their mortgages according to the contracts.
I can't find an online reference in a 2 minute search, but before the
days of a powerful home computer the calculations were beyond most
people.
Of course, you only need to take a couple of cents extra each month to
make a worthwhile profit, and that is hard to find.

While I agree, don't sweat the small stuff, there are those who are
hoping you won't notice a little bit often.

Liz


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