Click here to go back to our main page!
Home
Mortgage
Site Map
About us and our services! Reduce your selling costs.Are you looking to buy a home or a condo?Save Tens of Thousands on Comission.Click here to view a property for sale in the GTA!Contact us today!Our affiliates and industry links!


Mortgage information and calculators!


To use this calculator: Change any combination of fields for a simultanious readout.
Or change the down payment and monthly payment to calculate the possible home price.

Mortgage Fast Facts

Here are some fast facts about mortgages:

  • Two basic types are FRM fixed rate mortgages and ARM adjustable rate mortgages.(The mortgage calculator to your right calculates fixed rate mortgages).
  • Many economists recommend spending roughly about 25% of your monthly income on housing. If you make $6,000 per month, your mortgage payment should be around $1,500 per month. This can vary greatly, depending on your circumstances.
  • Usually new houses are easier to finance because the lender tends to bear less risk.

Mortgage Calculator:


 

Copyright 2012 © UniqueRates.com
A division of Toronto Realtors Inc.
Home | About Us | For Buyers | For Sellers | Links
| Click here to Search for Properties | Contact Us |