No Fee Discount Mortgages
What is the Maximum Amount I Can Borrow?
Enter the gross MONTHLY INCOME
(total from all applicants)
$
Enter other monthly DEBT REPAYMENT
(loans, credit cards, etc.)
$
Enter the best estimate of subject property’s MONTHLY PROPERTY TAX
$
Enter the best estimate of subject property’s MONTHLY HEATING COST
$
If a strata property, enter best estimate of MONTHLY STRATA FEES
$
Enter the current INTEREST RATE
(for your selected mtg. term)
%
Amortization based on typical 25 year repayment.
Standard GDSR @ 32%. Standard TDSR @ 40%.
Canadian Mortgages are calculated semi-annually.
Loan amount to include NHA insurance premium.
Loan Amount...
Disclaimer:
While efforts are dedicated to creating calculators that perform accurately, we do not make any warrantees, expressed or implied, toward such claims. Our calculators are to be considered as interactive entertainment only.© 2001, 2002, 2003
www.CanadaMortgages.ca
