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  • 10 Month Mortgage

​10-Month Mortgage

A 10 month mortgage means a two month payment holiday.

Tandia offers a full range of mortgage payment options including weekly, bi-weekly, semi-monthly and monthly.  In addition, mortgage payments can be structured to be made 10 months per year, September through June.  Payments will be set 20% higher, permitting payment holidays for the months of July and August. Interest accrues for the months of July and August and is payable after this period.

How it works

  • Mortgage payments can be structured to be made 10  months per year, September to June
  • Mortgage payments will be set 20% higher (regular monthly payment x 1.2 = 10 month payment)
  • Enjoy the summer months and some extra cash flow, mortgage-payment-free!

Convert your existing mortgage

To inquire about converting your existing regular mortgage payment to 10 monthly payments, please contact our Member Solutions Centre at 1.800.598.2891 or visit your branch.

​It's easy to apply

You can start your mortgage application online, call our Member Solutions Centre at 1.800.598.2891 or visit your branch.