Thanks!
@ boarder LOL
@ nereo thanks for clarifying. I knew there were differences, especially in term, but I didn't realize they were mostly "open".
Some Canadian mortgages only allow one pre-payment per year on the anniversary date. Those suck!
Mathematically the sooner the better but I too would not visit the bank every day with my pocket change. Twice a month should be more than enough.
I never made an online pre-payment less than $5K.
But, Hey, it sounds like it was some motivational game for Mr. Mark so good for him.