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Canada Mortgage and Housing Corporation
Canada Mortgage
Mortgage Brokers Association of BC
Genworth Financial
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Mortgage Information and Calculator
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For most of us, a home mortgage is the largest investment that we will ever make in our lives. Therefore, finding the absolute lowest rate for you and your family is my goal. With my support network of specialized mortgage brokers, we will find you the most favourable rates and terms that will make buying a home easy and affordable. These rates are significantly lower than traditional bank rates and by utilizing the network of the hundreds of lenders a mortgage broker can obtain rates from, you are guaranteed to get the best rate for your house.
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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| Loan Insurance (
%): |
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| Total Loan(Mortgage) Amount: |
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| Principal & Interest: |
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| Homeowners Insurance: |
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| Property Taxes: |
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| Condo Fees: |
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| Monthly Loan Insurance (%): |
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| Total Monthly Payment: |
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| Income Needed to Qualify for the Mortgage |
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| Total Monthly Loan Payment: |
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| Total Monthly Debt Payment: |
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| Monthly Loan Insurance (%): |
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| Qualifying Income of
% GDS Ratio: |
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| Qualifying Income of % TDS Ratio: |
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| What You Can Afford |
| We are using the % ratio.
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| Cost of House: |
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| Down Payment: |
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| Loan Value: |
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| Monthly Principal & Interest: |
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| Monthly Insurance: |
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| Monthly Property Tax: |
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| Monthly Condo Fees: |
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| Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate) |
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Mortgage Brokers
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Randy Edgley
Home Loans Canada
250-893-6889
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There are currently no Links.
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