For GTA homeowners and landlords with money left over each month

What year is your home paid off?

I started on the bank side, at BMO and then CIBC. Today I show homeowners and landlords the mortgage setups banks don't explain, so the house is paid off years sooner.

Free7 quick questionsAbout 2 minutes

#71 in Canadian Mortgage Professional's Top 75 Mortgage Brokers in Canada, 2024

Ex-bank mortgage specialist Taz Zaide, mortgage agent in the GTA
Taz ZaideMortgage Agent Level 2 · Team Leader, 6ix Mortgage Group
The calculator

Put in your numbers. See your year.

The rate matters. Where your spare money sits each month moves the year too.

An illustration with your numbers and one rate held steady for the whole time. Real rates move, and every file is different.

Mortgage-free, as it is today2050
With your surplus working on the balance2042
As it is
With the surplus working
8 years sooner, with about $200,000 less interest paid along the way.
The comparison I get asked about most

Two landlords, same rent.

Landlord one

1Rent arrives in chequing.
2It covers the rental's mortgage and costs.
3What's left waits in a savings account.

The home's mortgage runs its full term.

Landlord two

1Rent arrives and goes straight onto the home's mortgage.
2The rental's costs run through a line of credit.
3The home's balance drops every single month.

The home is paid off years sooner.

Both own the same properties and collect the same rent. Landlord two sends the money in a different order. The line of credit grows over time and its rate can change, so whether this fits depends on your income, your properties and your lender.

Taz Zaide
Why listen to me

I learned how mortgages are built from inside a bank.

I started at Bank of Montreal, then worked at CIBC as a mobile mortgage advisor. I know how a standard bank mortgage is built, and which advanced strategies rarely come up at the branch.

Today I'm a Mortgage Agent Level 2 and a Team Leader at 6ix Mortgage Group, working with homeowners and landlords across Toronto and the GTA. I break these setups down on Instagram, YouTube and TikTok.

Ex-bank mortgage specialist Mortgage Agent Level 2 Team Leader, 6ix Mortgage Group CMP Top 75 Mortgage Brokers, 2024

“I teach Canadians advanced mortgage strategies that banks don't explain.”Taz Zaide

Questions people ask first

Before you take the check.

Do I have to break my mortgage to do this?

At renewal you can move to a new setup without a prepayment penalty. Mid-term a penalty may apply, and I'll show you that number before you decide anything.

Does it work if I don't own a rental?

Yes. The offset account is built for homeowners with money left over each month. Cash damming is the landlord version.

Is a line of credit risky?

Its rate is variable, so its cost can go up. In cash damming it also grows on purpose. We put every number on screen first, and you decide with the full picture.

I'm buying my first home. Can you help?

The 6ix Mortgage Group team handles first homes every week, from pre-approval to keys, at 6ix.ca. This page is built for people who already own.

Can you advise me on taxes?

I'm a mortgage agent, so tax questions go to your accountant. I'm happy to work alongside them.

Your renewal letter is on its way

Find your mortgage-free year first.

Two minutes now tells you which setup fits your file, before the bank's letter decides it for you.