The Flexibility of Interest Rate Fluctuations If you are concerned about volatile interest rate occurrences, the AGF Trust 6/60 Convertible Mortgage may be the right product for you. This feature allows you to take advantage of a shorter term interest rate and provides you with the option to convert this into a longer closed term mortgage at any time during the six month period - and, of course, at no charge. | AGF TRUST 6/60 CONVERTIBLE MORTGAGE | | Term | Five years (60 months) | | Interest Rate | Set for the first six months and then fixed, once converted to the remaining term | | Financing Available | Conventional and insured | | Payment Frequency | Weekly, biweekly, monthly and semi-monthly | | Prepayment Privilege | 20% & 20% - Without charge, you can prepay up to 20% of the original principal of your mortgage once per year AND/OR increase your payments by 20% once per year to pay down your mortgage at a faster rate. These are not cumulative if not exercised during the year.
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