https://www.copamortgage.com/blog daily 0.75 2026-04-19 https://www.copamortgage.com/blog/understanding-mortgage-terms-amp-amortization-what-every-homebuyer-should-know monthly 0.5 2026-04-19 https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/e623c7e7-5ba3-4fe1-b9b1-85aa8edd4aba/short+vs.+long+amortization blog - Understanding Mortgage Terms & Amortization: What Every Homebuyer Should Know While your mortgage term defines your current agreement with a lender, amortization refers to the total length of time it will take to pay off your mortgage completely. Most amortization periods in Canada are 30 years or less. A common example: a 5-year fixed-rate mortgage (the term) with a 25-year amortization. This means your current rate and contract are locked in for 5 years, but you'll continue renewing and repaying until the full loan is paid off - 25 years from now. The longer your amortization, the lower your monthly payments - but the more interest you'll pay overall. The shorter your amortization, the more you pay each month, but the less it costs you in the long run. https://www.copamortgage.com/home daily 1.0 2026-04-19 https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/140a6ac0-05aa-4f26-8ea2-afcd66acf8a9/Colleen+web.jpg https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/7031fbe6-a238-4c28-958b-eead5d0a1cd7/Paula+web1.jpg https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/0d6f5f13-8e48-4963-8ad7-ac2037faa2fc/Peach+and+White+Modern+Let%27s+Connect+LinkedIn+Profile+Picture+%281%29.png https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/88e6ecd8-0e34-4e7c-a247-0b47a6af7c20/Peach+and+White+Modern+Let%27s+Connect+LinkedIn+Profile+Picture+%282%29.png https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/2ad79fd3-a3ae-46de-9c7c-8329da84b0da/Peach+and+White+Modern+Let%27s+Connect+LinkedIn+Profile+Picture+%283%29.png https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/c0f2fc66-7ed7-4d20-b23c-56580eaf2a52/Peach+and+White+Modern+Let%27s+Connect+LinkedIn+Profile+Picture+%285%29.png https://www.copamortgage.com/ourteam daily 0.75 2026-04-19 https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/140a6ac0-05aa-4f26-8ea2-afcd66acf8a9/Colleen+web.jpg https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/7031fbe6-a238-4c28-958b-eead5d0a1cd7/Paula+web1.jpg https://www.copamortgage.com/contact daily 0.75 2026-04-19 https://www.copamortgage.com/https/piccolo-impala-a326squarespacecom/whowehelp daily 0.75 2026-04-19 https://www.copamortgage.com/why-copa daily 0.75 2026-04-19 https://www.copamortgage.com/partners daily 0.75 2026-04-19 https://www.copamortgage.com/resources daily 0.75 2026-04-19 https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/6e032521-7838-4431-a74e-7bb9b474d77e/homebuyer+guide+snapshot.png https://images.squarespace-cdn.com/content/v1/69d658e21d37ac4320c1568d/7f85a180-2f8e-44c5-b0df-35cc1e36fc65/first+time+buyer+guide+snapshot.png https://www.copamortgage.com/apply-now daily 0.75 2026-04-19