You have three options:
Make a payment on principal If your mortgage is closed, you can repay up to 10% of the borrowed amount at any time during each calendar year1. You can make one or more payments on principal during the year.
Additional payment At each payment date, you can make an additional payment that is equal or lower than your regular payment (principal and interest).
Increased instalments You can increase your instalments by up to twice their original amount but only once per calendar year. You must then maintain this new instalment for the remainder of the term.
When your term expires, you can of course repay any amount you wish.
1 Current interest will be calculated if the payment(s) is(are) not made on the scheduled payment date.
Meet with a Mortgage Development Manager at your home