If this is possible i am sure i would not save any money over all but i would open up some financial room now and still beable to save money to pay down the mortgage. And since we are not paying one loan this could help.... I think.
Would it make sence to consolidate my student loans and my GF S/L with the mortgage? if possible in canada!?
no it's a bad idea to include them on your mortgage. for instance if you had a 25 year term at 5% and added $5000. to it to pay off your student loan you would end up paying over $8500.00 back. you are better to
1) consolidate your Student loan, GF S/L together. as one loan or
2) take a short term (5 years max) 2nd mortgage out for the amount you need to pay off your bills.
leave the 1st mortgage as it is.
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