👻 Ghost of Rates Past

Lots of Canadians locked in a low rate in 2020 or 2021 and are renewing now. Your old rate has something to tell you before you sign.

Month you signed your 5-year fixed Original mortgage amount ($) Your old rate (%) Renewal rate you've been offered (%) Original amortization (years) Let the ghost write the letter (runs Gemma 3 1B on this device)

The numbers (these are the only truth)

A letter from your old rate

Educational only, not financial advice. Assumes a 5-year fixed term, monthly payments and semi-annual compounding. Rate history: Bank of Canada, series V80691335. Model: Gemma 3 1B (ONNX) via Transformers.js. Made in Toronto, Ontario by John Khan · code