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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.

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Last modified: May 2, 2009

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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