Purchase Price:
$
Down Payment:
$
1
Interest Rate:
%
2
Amortization Period:
Payment Frequency:
Do not enter spaces in the numbers above. Dollar signs, commas, and decimal points are acceptable.
3
First-time home-buyers may qualify with a 5% down payment!
Learn more about mortgage terms and definitions in:
 Some Helpful Mortgage Terms .

1 Minimum downpayment requirements may vary.

2 Interest is compounded semi-annually not in advance. The interest rate is fixed for the term of the mortgage. The interest rate is usually renegotiated at the end of the term of the mortgage.

3 Calculations are approximate and do not account for the payment of property taxes or CMHC insurance premiums that may be required.

Every 2 Weeks = > 26 payments per year
Twice a Month = > 24 payments per year

The information contained on this page is for estimation purposes only. Actual payment amount must be obtained from your lender. Neither the Ottawa Real Estate Board (OREB) nor any of its advertisers shall have any liability for the accuracy of the information contained on this page.
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