Cashback mortgages

Receive funds up front for closing costs or projects—know the trade-offs first.

Cash now, higher rate later

Cashback mortgages pay you a percentage of the loan amount on closing. The funds can help with legal fees, furniture, or renovations. We show the breakeven math so you know the real cost over the term.

When it fits

First-time buyers short on closing-cash buffers.
Borrowers planning to stay the full term (since leaving early often requires repaying the cashback).

Considerations

Higher interest rate versus non-cashback equivalents.
Repayable if you break term early or refinance.

Cashback mortgages

Cash now, higher rate later

When it fits

Considerations

Representative rates

Cashback mortgages

Cash now, higher rate later

When it fits

Considerations

Representative rates