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Looking to buy a new refrigerator? Here’s a few tips from your Mortgage Broker Toronto

By December 27, 2017No Comments
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Once you’ve settled into your house, it’s time to start renovating. As your mortgage broker Toronto we helped you finance the purchase by working to get you the best mortgage rates.

We are also good for some free advice. Renovating the kitchen is a project that always increases your home’s value. Here’s a few tips for purchasing the biggest appliance in the room.

What does a new fridge cost?

Like a lot of other purchases for your home, the cost of a new refrigerator has some different price points. For example, you can pay as little as $300 dollars for a smaller apartment size unit. However, if you’re looking for something you can make ice and house French style doors that open up on either side you’ll be looking at at least $2500 dollars.

Beyond checking the room you have available, make sure the refrigerator you’ve got your eye on satisfies your family’s needs.

What kind should I choose?

Maybe you thought the best mortgage rates were all that you’d learn about when you read our blogs. However, we can help you in a variety of other areas like picking out a style of refrigerator for you. There are top mounted freezer, side-by-side units and bottom mounted freezer options available. Keep in mind that your refrigerator generally goes up in price as the capacity and storage area increases.

Finally, you should be aware residential refrigerators use up about 1/6 of your power bill. If the unit you have is over 10 years old, it’s more than likely time to replace it with a new Energy Star version. As your mortgage broker Toronto we are interested in making sure you make all the right decisions for your new house.

Get in touch with today, if you have any questions about financing. We’re always here to help.