25707 8th Avenue

Mortgage estimate

Mortgage calculator

This is an estimate, not financial advice. It uses Canadian minimum down-payment rules and CMHC published insurance premiums, with interest compounded semi-annually. A lender’s quote may be different.

Purchase price Down payment Minimum down payment: $479,600 Interest rate (annual) Enter the annual rate your lender quoted. The figure shown first is only a sample, not today’s market rate. Amortization 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years 21 years 22 years 23 years 24 years 25 years 26 years 27 years 28 years 29 years 30 years

Monthly payment

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Bi-weekly payment

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Estimated CMHC premium

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Estimated mortgage amount

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This calculator is an estimate, not financial advice. CMHC premiums follow the published homeowner schedule. A 0.20% surcharge is included when the amortization is longer than 25 years and insurance applies. Insured mortgages longer than 25 years have eligibility limits. British Columbia does not add provincial sales tax to the premium in this estimate. Talk to Mohsen or a mortgage professional before you decide.

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