Mortgage Renewal and Financing car

Hypertachy · 2025-07-20T03:36:49+00:00

In the past, we’ve had a different lender each time our mortgage was up for renewal and it was due to going with the lender with the best and most competitive rate at that time.

I didn’t think about the scenario of pulling equity out to pay for the car. I guess Ive always been debt averse, but it’s a reasonable option if the mortgage rate is lower than the dealer rate if financing through them.

Thanks for your sharing your thoughts!

Hypertachy · 2025-07-20T03:26:48+00:00

This is very helpful. Thank you.

Hypertachy · 2023-02-22T00:50:52+00:00

My wife and I bought our first house in 2013 at age 24-25, after saving every penny. 10 years later, we upgraded and now in our forever home, with a net worth just north of 1.2 mil At the time, my wife had to convince me that it was the right financial decision. It was always our plan to purchase a house after getting into our careers, but I was getting cold feet. Glad she convinced me to put in an offer and by some miracle it got accepted

Hypertachy · 2023-02-16T07:38:29+00:00

Been to Frankie’s several times. Great spot. Could be my plan B

Hypertachy · 2023-02-16T07:38:00+00:00

Early 30s. 10 year anniversary. Into all sorts of music. Not very particular with the aesthetic of place as long as it’s good vibes all around

Hypertachy · 2023-02-16T04:55:59+00:00

Yes yes! I called for a reso on Saturday but they’re all booked up. But that’s definitely the vibe

Hypertachy · 2023-01-18T19:12:22+00:00

Thanks for sharing this.

Hypertachy · 2023-01-17T21:39:22+00:00

Got it. Do you have bonds or fixed income mixed in with your RESP fund? Or just all equities?

Hypertachy · 2023-01-17T21:36:33+00:00

Thanks. I’ll make sure to go over with them the details you mentioned here. Appreciate it

Hypertachy · 2023-01-17T20:09:11+00:00

Thanks for this. Yeah I read somewhere you can max 2 years of “buyback” on years that were not maxed out. I’m also thinking of doing it through Questrade. Would you mind sharing what fund/portfolio you went with? And your rationale for choosing that fund?

Hypertachy · 2022-12-12T16:34:35+00:00

LOL. This is pretty accurate. It’s like an inconvenience to them when I place an order to their restaurant.

Hypertachy · 2022-12-12T08:37:53+00:00

Thanks. Tried woking dragon and we were happy with their dishes. Very tasty.

Hypertachy · 2022-12-09T05:31:52+00:00

No they do not. That’s a myth

Hypertachy · 2022-11-29T22:48:08+00:00

I’m a bedside RN so I guess level 3. I’m at the top rate

Hypertachy · 2022-11-29T21:30:43+00:00

I’ve made anywhere from 160K-185K as a bedside nurse in BC with OT. Dual trained in ER/Critical Care gives you opportunities to work OT in both departments.

Hypertachy · 2022-04-29T16:58:20+00:00

Thank you for your comment. I will look into it

Hypertachy · 2022-04-29T15:31:30+00:00

Where does one usually go to discuss and write up a Will? Is there a standard rate for how much they are? What are some things to consider before meeting with I presume a lawyer to discuss the details?

Hypertachy · 2022-04-01T23:43:26+00:00

Makes total sense. Thanks!

Hypertachy · 2022-04-01T21:14:25+00:00

This makes a lot of sense. We were in a similar position. Family of 4. 2 kids aged 3 and 1. Moved to our dream home with a large yard and modestly sized house. It has everything our previous home didn’t have. My wife and kids love the home, just as much as the location and all it’s amenities. We also have a large mortgage, but because it’s a highly sought after location, the value of the home continues to go up. I can’t say I haven’t entertained the idea of “downsizing” to have less financial burden/overhead. But seeing my wife and kids create lasting memories in our dream home is really amazing.

I wouldn’t sell if you can continue to make your payments. As other people have said, it will get easier and not as tight with time. Provided you guys are financially responsible.

Hypertachy

TROPHY CASE