I've made a rather large error regarding mortgage prepayments.
It turns out that I have incorrectly lumped both mortgages together as having the same due dates. They do not. There is a 8 month difference even though in my mind, a mortgage is a mortgage.
My goal is not to renew either one when their term expires meaning they will be paid for in a total of 5 yrs vs. 12 yrs respectively. I didn't mean for one to end sooner than the term.
What that means is that the prepayments I've calculated for the ski condo are too high. After adjusting them, I see that there is potential for savings after all and our cash flow increases significantly.
It is really nice to have some breathing room.