All-in-One Mortgage

All-in-one mortgages let you co-mingle savings and a mortgage in a single account.

Your savings reduces your mortgage balance so that you’re charged less interest.

Interest on all-in-one mortgages is usually calculated daily. That ensures deposits into the account (like your paycheque) immediately reduce your debt to save more interest.


Source: CanadianMortgageTrends.com