Mortgage Info

MORTGAGE INFO

Regardless of how certain you are that you will get mortgage, it is always good idea to get pre-approved from the mortgage lender of your choice. This will officially address any questions about your eligibility, rate, terms and it will enable you to better negotiate for the property of your choice. Read more...

Saving for Downpayment - While high ratio mortgage insurance program does not help you save for the down payment, it sure eases your way to home ownership. High ratio mortgages must be insured through CMHC (Canada Mortgage and Housing Corporation) or GE (GE Capital Mortgage Insurance Canada). Find out more about down payment, and learn how to save money for down payment.

Maximum Mortgage Affordability Calculator

Calculated results are meant only as a general guideline for the user and should not be relied upon in connection with any particular transaction or situation. If you plan to purchase a property, we recommend you consult with mortgage professional for a more thorough analysis of your current situation.


Monthly Gross Income
Additional Monthly Income
MONTHLY HOUSING EXPENSES
Property Taxes
Hazard Insurance
OTHER MONTHLY EXPENSES
Auto Payment
Credit Cards and Other Payments
MORTGAGE TERM & INTEREST RATE
Mortgage Term Years
Mortgage Interest Rate %
 
RESULTS
You may qualify for a maximum monthly mortgage payment  of
You may qualify for a maximum loan amount of



Do you want to view more real estate info? view more


Sponsored content: