When a borrower makes some extra repayments on his mortgage loan, the additional principal redemptions go towards making a Mortgage Cash Account.
So, he can re-borrow from the prepaid sum of 2,500 CAD according to the BMO mortgage conditions.
The re-borrowed money will be added to the mortgage principal at the valid interest rate for the remainder of the term.
Having any questions, you can call 1-844-837-9228.