In the near future I will start contributing towards my parents' mortgage. It will be my first involvement in any form of mortgage, so I have a couple of questions:
1. Do mortgage accounts have online services where you can see exactly how much is owing at any given time? I am used to my online savings accounts where I can make a deposit, then see the new balance right away. I am hoping there is something similar for mortgages, where after I make a payment, then the next day I can see the outstanding balance.
2. Once I get it down to a lower level (say, $10-15k), can I do a balance transfer to an interest free credit card? Or will exit fees/early repayment fees outweigh any benefits I get?