The Hidden Cost of 30-Year Amortization | Your Mortgage Minute

Your Mortgage Minute | Onlendhub · Apr 22, 2026 · 4m

Thirty-year amortization can make homeownership feel more reachable, but the lower payment comes with a real trade-off. In this episode of Your Mortgage Minute, Sarah and Mouli break down how a longer amortization affects monthly cash flow, total interest cost, and long-term equity building. You’ll hear concrete examples, including what happens when a borrower stretches a five hundred thousand dollar mortgage from twenty-five to thirty years, and why that difference matters for first-time buyers and new-build purchasers in Toronto, Milton, and the GTA. The episode also covers when thirty-year…