Quick Home Ownership Calculator
Use our quick home ownership calculator to quickly estimate the Down Payment, Mortgage Payment, Interest Cost, Amortization, Land Transfer Tax and Closing Costs.
For more accurate calculations, click 'Calculator Hub' for all our mortgage calculators!
Quick Home Ownership Calculator
Use our quick home ownership calculator to quickly estimate the Down Payment, Mortgage Payment, Interest Cost, Amortization, Land Transfer Tax and Closing Costs.
For more accurate calculations, click 'Calculator Hub' for all our mortgage calculators!
Mortgage Rates
Updated as of November 18, 2024
Current Bank Prime Rate = 5.95%
Insured Rates Fixed / Variable * less than 20% down payment | Conventional Rates Fixed / Variable * more than 20% down payment | |
| 1 Year Term | 6.09% | 6.44% |
| 2 Year Term | 5.44% | 5.79% |
| 3 Year Term | 4.19% / 5.05% (P-.9) | 4.49% / 5.60% (P-.35) |
| 4 Year Term | 4.54% | 4.74% |
| 5 Year Term | 4.29% / 4.85% (P-1.1) | 4.69% / 5.45% (P-.50) |
*** Rates are subject to change without notice and may not indicate 'promotional' rates which may also be available. ***
Inquire further to verify rates or to see if other promotional rates may be available.
As your
Mortgage Professional
We are your advocate through the financial process of buying a home, refinancing, switching or renewing your current mortgage. We specialize in helping first-time homebuyers, experienced homeowners and everybody in between find the perfect mortgage solution for them and their family!
What Mortgage Foundations can do for you!
At Mortgage Foundations we are there every step of the way! We are your personal shopper when it comes to home financing; whether to help navigate buying a home for the first time, or refinancing your current home to gain access to equity or renewing your existing mortgage.
With an abundance of information and financial options available, the mortgage process can be time-consuming, confusing and intimidating. We work directly with the lenders on your behalf to ensure you get the proper mortgage solution.
We are licensed Mortgage Professionals and we are continually updating our education and knowledge to make sure our advice is relevant and sound. With a Mortgage Foundations Agent/Broker by your side, we help you make an educated decision on what’s likely one of the biggest investments of your life.
One of the best parts of our service is that in many cases our services are free from the initial consultation to the closing date and beyond!
Home
Purchase
Whether buying your first home, vacation property, up/downsizing or rental; we can help!
Refinancing/
Debt Consolidation
Refinancing can be done to consolidate other high interest debt or provide funds for renos, investments or pleasure!
Mortgage Renewals &
Switch/Transfer
Looking to renew your mortgage or switch to a new lender; we can help review your options and ensure you get the best offer!
Mortgage
Pre-Approvals
We can obtain a pre-approval from a lender which will give a good idea of your budget and hold an interest rate while you shop!
