What is the borrowing capacity? The borrowing capacity is determined according to recurring expenses and perennial incomes of the borrower, in order to define the number of monthly payments to repay for the mortgage. It is thus admitted that the debt ratio, or the monthly payments, must not exceed Continue Reading

You know all those months when money seems to be disappearing from your bank account – your car is in need of an unexpected repair, the payment for your cell phone is bigger than the previous month or your pants have torn. These little extras here and there seem to Continue Reading