Key Mortgage Partners Mortgage Calculator
Haven't found a property to purchase yet?
?
Enter the amount that you are planning on paying for the property
STEP 1
Enter property purchase price
Option #1
Option #2
Option #3
Option #4
?
Enter the amount that you will pay upfront
toward the property to obtain a mortgage
–
?
CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
+
$19,000
$13,950
$11,900
$0.00
?
Total mortgage amount is calculated by subtracting
the down payment from the property price and adding
CMHC mortgage insurance (if applicable)
=
$494,000
$463,950
$436,900
$400,000
?
Amortization period is length of time that it would take
the mortgage holder to pay off the mortgage in full
?
Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
AlbertaBritish ColumbiaNew BrunswickNewfoundland and LabradorNova ScotiaOntarioPrince Edward IslandSaskatchewan
STEP 2
Select province to get current
mortgage rates
?
Mortgage type specifies whether the interest
rate is variable or fixed
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.49%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.85%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
Fixed Rates
1 Year
3.34%
2 Year
3.19%
3 Year
3.24%
4 Year
3.29%
5 Year
3.14%
7 Year
3.79%
10 Year
4.14%
Variable Rates
5 Year
2.95%
?
Please select how often you would like
to make your mortgage payments.
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
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About Key Mortgage Partners Mortgages
The countless benefits to utilizing a mortgage broker for all your mortgage needs is at your fingertips when you look to Key Mortgage Partners! An established mortgage brokerage, Key Mortgage Partners are made up of highly proficient mortgage brokers that lend their expertise to home buyers that are not entirely sure of how to approach the mortgage market, as well as to experienced mortgagees who are looking for mortgage refinancing, home equity loans, a new mortgage for a second home, or a mortgage renewal. Home buyers will find a variety of mortgage calculator(s) on the Key Mortgage Partners website, which are super-handy to use to figure out affordability of a mortgage loan, monthly payments, amortization and just about everything else that is mortgage related. Key Mortgage Partners mortgage calculator is easy to use and can be used repeatedly to compare mortgage products, interest rate scenarios, and the years that the mortgage loan will be carried for. A mortgage broker can offer home buyers perks that other 'traditional' lenders cannot because mortgage brokers have access to numerous lenders that offer different interest rates, so there is a larger 'borrowing pot' to pull from for a mortgage loan approval! A mortgage broker also has the control to customize a mortgage product for you so it 'fits with your finances' and goals better.
The Key Mortgage Partners mortgage calculator is just a self-using tool that can be used in privacy but speaking to one of the brokers will get you on track more quickly. Did you know that some lenders ONLY work directly with mortgage brokers? This is another perk...brokers have accessibility whereas individuals do not. Does a mortgage broker work in the home buyer's best interest? You bet they do! Brokers have the luxury of being your ally, or in other words, a mortgage broker backs the home buyers up and creates an alliance between a lender and the home buyer; talk about personalized service! Did you know that a mortgage broker gets paid for services by the lender and NOT the home buyer? It is true...home buyers are never out-of-pocket for the fantastic services that mortgage brokers provide. With a wide berth of expertise in the mortgage market and up-to-date on the latest mortgage laws, home buyers have the 'home court advantage' when working with a broker. Did you know that just over half of all home buyers work directly with a mortgage broker? There are many different types of home buyers with various financial situations and brokers understand this, so working with buyers that have less than perfect credit ratings or are self-employed is commonplace.