1. i don't know how 小松鼠 get 1.25% cash back from BMO, i was told 1% only.
2. yes, the BMO's mortagge is the best of the 3 years terms mortgage products if the cash back is based on 3 years, not 5 years.
3. the mortgage rate is uncertain after 3 years, so i'm not sure what kind of rate will be, in other words, i don't know if yoy can get p-0.85 at that time, and i don't think you can get another same deal like this after 3 years coz the cash back is a 5-year agreement.
4. You have to stay in BMO for 6 years because it is a 6-year term although it is fully open after 3 years
2. yes, the BMO's mortagge is the best of the 3 years terms mortgage products if the cash back is based on 3 years, not 5 years.
3. the mortgage rate is uncertain after 3 years, so i'm not sure what kind of rate will be, in other words, i don't know if yoy can get p-0.85 at that time, and i don't think you can get another same deal like this after 3 years coz the cash back is a 5-year agreement.
4. You have to stay in BMO for 6 years because it is a 6-year term although it is fully open after 3 years