Cell:  604-808-1050        
JIMMY KWON & LISA YUN DOMINION LENDING CENTRES
  • Home
  • Testimonials
    • Income >
      • Salaried or Hourly Income >
        • Income Tax Notice of Assessment
      • Self Employed & Commissioned Income >
        • Income Tax Notice of Assessment
        • T1 General
        • Statement of Business Activities
        • BC Company Summary
      • Retirement Income >
        • Notice of Assessment
        • Old Age Security & Canadian Pension
        • T4A
      • Statement of Real Estate Rentals
  • About Us
    • Top 10 reasons to use a mortgage broker
    • Why should you use a mortgage broker?
  • Documents
    • House Purchase
    • Strata Purchase
    • House with Rental Income
    • Sale & Purchase
  • Mortgage
    • Pre-Approval
    • Purchase
    • Renewal >
      • Process
    • Mortgage Review
    • Terminology >
      • Mortgage Glossary
      • Appraisal
    • Mortgage 101 >
      • Amortization
      • Choosing a product
      • How The Penalty Is Calculated
      • Decorating Allowance
      • Mortgage Insurance
      • Mortgage Process
      • Payment Frequency
      • Power of Attorney
      • Qualifying Guidelines
      • 10 Most Commonly Asked Mortgage Questions
    • Sell & Buy >
      • Example of Sale & Purchase break down
      • Bridge Financing
    • Down payment
    • Closing Costs >
      • Property Transfer Tax
      • Interest Adjustment
    • Resources >
      • Accountants
      • Appraisers
      • Land Title Office
      • Lawyers/Notaries
      • Home Insurance Agents
      • Property Tax Department
      • Bank of Canada
      • Canada Revene Agency, Track NOA
      • Mortgage Insurance
      • Calculators
  • Apply
    • Anti-Spam
    • Consent
  • Documents
    • Lta Form B
  • Things To Know
  • New Page

5 Year Fixed Rate

  • Monthly payments based on the 25 and 30 year amortization below are calculated on the 5 year fixed rate of 2.74%.  The rate for the 35 year amortization is

               1.    Please note the payments do not including mortgage insurance premiums.
               2.   Please note the Maximum amortization when the down payment is Less than 20% is 25 years.


Amortization
Mortgage Amount

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

25 Years
Monthly Payment


$460.01

$920.01

$1380.02

$1840.02

$
2300.03

$2760.04

$3220.04

30 Years
Monthly Payment


$406.89

$813.78

$1220.67

$1627.56

$2034.46

$2441.35

$2848.24

35 Years
Monthly Payment


$372.34

$744.69

$1117.03

$1489.38

$1861.72

$2234.07

$2606.41


Variable Rate

  • Monthly payments based on the amortizations below are calculated on the variable rate at prime less .70% which equals 2.15% based on the current prime rate of 2.85%.

          1.    Please note the payments do not including mortgage insurance premiums.
          2.   Please note the Maximum amortization when the down payment is Less than 20% is 25 years.

Picture
Powered by Create your own unique website with customizable templates.