How Much House Can You Afford?
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Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link. |
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Results
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Receive this Detailed Analysis
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Your Monthly Payments
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| Loan Amount: |
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| Homeowners Insurance: |
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| Property Taxes: |
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| Monthly Loan Insurance (%): |
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  Josh Woollam Mortgage Agent, #M09002323 Phone : (613) 276-1351 Fax : (613) 422-4967 An independently owned and operated franchise of the Mortgage Alliance Network Licence # 10717 Best Rates As Of November 15th, 2009 TERM | POSTED | OUR RATES* | 6 Month | 4.60% | 3.65% | 1 Year | 3.75% | 2.66% | 2 Year | 4.05% | 3.05% | 3 Year | 4.60% | 3.47% | 4 Year | 5.29% | 3.99% | 5 Year | 5.78% | 3.99% | 7 Year | 6.60% | 5.20% | 10 Year | 6.70% | 5.30% | Variable Rate | 2.15% | Prime Rate | 2.25% |
* Rates and points are subject to change without notice. Discount rates are on approved credit and subject to lenders’ discretion. Financing A Purchase of $200,000 DOWN PAYMENT | MORTGAGE REQUIRED¹ | MONTHLY PAYMENT | 5% | $195,985.00 | $858.26 | 10% | $184,320.00 | $807.17 | 15% | $173,655.00 | $760.47 | 20% | $160,000.00 | $700.67 |
Financing A Purchase of $300,000 DOWN PAYMENT | MORTGAGE REQUIRED¹ | MONTHLY PAYMENT | 5% | $293,977.50 | $1,287.39 | 10% | $276,480.00 | $1,210.76 | 15% | $260,482.50 | $1,140.70 | 20% | $240,000.00 | $1,051.01 |
Monthly payments have been estimated upon financing of 3.99% with an amortization schedule of 35 years. ¹ Required CMHC fees included where required |
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