Mortgage Made Better

35-Year Amortization

Discover how extended amortization can lower your monthly payments and improve your cash flow.

Ask us about our 35 year amortization

Lower your monthly payments and improve cash flow with extended amortization

Standard

25 Years

Traditional amortization

Monthly Payment

$2,876/mo

Mortgage Amount$500,000
Total Paid$862,800
Total Interest$362,800

Pay off your mortgage faster and save on total interest costs

Popular Choice

35 Years

Extended amortization

Monthly Payment

$2,414/mo

Save $462/month

More cash flow for your lifestyle

Mortgage Amount$500,000
Total Paid$1,013,880
Total Interest$513,880

Ideal for managing cash flow, investing elsewhere, or affording more home

Why Choose 35-Year Amortization?

Perfect for first-time buyers, those managing multiple expenses, or investors who want to maximize cash flow. You can always make extra payments to pay off faster without penalty on most mortgages.

Example based on a $500,000 mortgage at 4.69% interest rate. Monthly payments shown are principal and interest only. Actual payments may vary based on your specific situation, credit profile, and lender requirements. Total interest reflects the cost over the full amortization period.

Disclaimer

The information provided on this website is for general informational and illustrative purposes only and should not be considered financial, legal, or professional advice. Mortgage calculators are intended for demonstration purposes only and do not guarantee loan approval or reflect actual rates or terms.

Specific terms and conditions may apply. Mortgage rates, products, and approvals are subject to change without notice and are dependent on credit approval, income verification, and lender criteria. *Rates are subject to change without notice. O.A.C. (On Approved Credit). Certain conditions apply.

We strongly recommend speaking with a licensed mortgage agent or broker to receive personalized advice based on your unique financial situation.

Mortgage Made Better Inc. is a licensed mortgage brokerage in Ontario, License #13747. 11 Progress Ave Unit 5, Toronto ON M1P 4S7.

© 2026 Mortgage Made Better. All rights reserved.

Rate updated: March 31st 2026, Rate may change without notice.