Canada First Mortgage - Calgary Alberta
EasyOne Benefits - Canadian First Financial Bank
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CONTACT US TODAY!
Phone 403-650-6596
Email: info@canadafirstmortgage.com
Calgary, Alberta

INCREASE CASH FLOW BY $350/MONTH & SAVE UP TO $120 IN MONTHLY INTEREST!

 YOUR CURRENT SITUATION


SAVINGS
 
Savings Account: $3,000 + Chequing Account: $2,000 = $5,000

DEBT

Source
Amount
Rate
Monthly Interest
Monthly Payment
Car Loan*
$15,000
6%
$75.00
$290.00
Credit Card**
$5,000
18%
$75.00
$150.00
Dept. Store Credit**
$3,000
29%
$72.50
$90.00
TOTAL
$23,000.00
$222.50
$530.00

MONTHLY CASH FLOW

+ $2,500
net income

- $530
debt payments

= $1,970
cash flow

*based on 5 year term
**based on 3% minimum payment on outstanding balance
monthly payment calculated by multiplying outstanding loan amount by minimum payment interest rate.

 NEW CFF BANK EASYONE ACCOUNT


SAVINGS
 
All deposits into the account go toward the outstanding balance and interest is paid on positive account balances!

DEBT

Source
Unsecured
Line of Credit
Rate
Monthly Interest
Monthly Payment
EasyOne Account
$18,000
Prime +4%
$105.00
$180.00
TOTAL
$18,000.00
$105.00
$180.00

MONTHLY CASH FLOW

+ $2,500
net income

- $180
debt payments

= $2,320
cash flow


Moving a fixed term car loan to the CFF Bank EASYONE Account means the payment is now based on outstanding balance not original amount borrowed so the payment will decrease over time.

ABOUT CFF BANK EASYONE ACCOUNT

QUALIFYING DETAILS
The CFF Bank EASYONE Account offers credit limits of up to $25,000. Interest is calculated on the average daily balance and charged monthly. A minimum monthly payment of the greater of 1% of the outstanding balance or $50.00 is required.

ACCOUNT DETAILS
Credit Limit - Up to $25,000 on approved credit
Borrowing Rate - As low as CFF Prime + 4%
Minimum Payment - Greater of 1% of the outstanding balance or $50/month

ABOUT CFF BANK
CFF Bank is a 100% Canadian owned Schedule I Bank and is a member of the Canada Deposit Insurance Corporation (CDIC). Building on its strengths in mortgages, CFF Bank offers personal banking products while delivering superb service and solutions through top financial professionals in local communities.

ABOUT CDIC
CFF Bank is a member of CDIC (Canada Deposit Insurance Corporation). Eligible deposits are insured to $100,000 (principal and accrued interest combined). Further information can be obtained through the CDIC website at www.cdic.ca.

USEFUL LINKS

Why Use an Associate?
Contractor Discounts
Mortgage Links
Mortgage Glossary
Mortgage FAQs
Mortgage Calculator

Canadian Mortgage Awards

STAY CONNECTED

Canadian Mortgage Experts - Canada First
Dan & Stacey Mass
Calgary, Alberta
Direct: 403-650-6596
Fax: 1-866-377-4410
Email: info@canadafirstmortgage.com

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