Jimmy Hansra Mortgage Team

Cash Back.. two of our favourite words after FREE BACON of course! When car dealerships talk about cash back offers, it’s quite a different form of finance than the usual cash back you get in your local grocery store. Hopefully this gives you a bit of an advantage next time you're picking up a new car and talking with a car salesperson.

Leasing and financing may sound like similar options but when you get down to the fine print there’s a big difference. Here’s a graphic to help explain this common misconception. Leave us a comment below if you have any stories regarding your own car payments.

This is one of our favorite little bits of knowledge about car payments. If you were given the option of making a payment every month, or a smaller payment every two weeks which would you choose? Check out the animation above to learn how bi weekly payments, if right for you, will help you pay off your car faster compared to monthly payments. And don't forget to download your free copy of the financial workbook off our website!

If your purchase price on a home is $850,000 do you know what your minimum down payment has to be? What about if the house was $1,050,000 then what would your minimum payment be? It’s important to know these things before you shop so you have realistic expectations on what you can afford.

How are you planning on purchasing that new car you've been looking at? Do you understand all your options and how everything works? It’s recommended to do some of your own research and educate yourself before walking into a car dealership. To help budget and save for the future we have created a financial workbook and made it available on our website for free so make sure to check it out!