Laurentian Bank Mortgage Calculator

Haven't found a property to purchase yet?
?
Enter the amount that you are planning on paying for the property
Property Value
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
Down Payment
?
CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
Mortgage Insurance
+
$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)
Mortgage Required
=
$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
Amortization Period
?
Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
Province
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
Mortgage Type
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
Fixed Rates
1 Year
3.79%
2 Year
3.89%
3 Year
4.34%
4 Year
4.89%
5 Year
2.99%
6 Year
5.80%
7 Year
5.80%
8 Year
6.60%
9 Year
6.60%
10 Year
6.60%
Variable Rates
3 Year
3.95%
5 Year
3.60%
?
Please select how often you would like
to make your mortgage payments.
Payment Frequency
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
Mortgage Payment

About Laurentian Bank Mortgages

Driven to be the very best for their customers and having a long and established position in Canada, the Laurentian Bank financial institution is here to help with all your financial needs. Laurentian Bank has a desirable collection of products & services that include mortgages. Home buyers that are searching for the most client friendly mortgages with great rates can turn their attention to Laurentian Bank. Through many years of helping home buyers become homeowners, people that want a mortgage renewal, a new mortgage, mortgage refinancing, or home equity loans or lines of credit will find it easier at Laurentian Bank. Mortgages can seem a bit on the complicated side (especially to people entering the mortgage market for the first time), so having an expert banking institution at the helm of your mortgage loan can go a long way in the long run. Through various tools offered on our website like the Laurentian Bank mortgage calculator, buyers and mortgagees can 'brush up' on mortgage related calculations. Every borrower wants to know roughly how much the monthly payment may be on a certain price point with a mortgage loan and the mortgage calculator can help. If you are wondering where your affordability with a new, large loan exists, then you may want to use the affordability calculator.
Listening carefully to their customers like you, the Laurentian Bank mortgage calculator and mortgage products & rates have been critiqued carefully to be a better 'financial fit'. Variable rate mortgages, fixed rate mortgages, mortgages with cashback, equity line of credit, mortgage insurance, retirement features, and much more can be reviewed on our website for some upfront information. The Home Buyer's Program offered by Laurentian Bank provides an opportunity for buyers that want to increase the down payment to reduce the mortgage. Looking ahead and planning for the future (after your mortgage loan has been approved), you will be dealing with a bank that has other financial products like loans for renovations, investments & savings and retirement opportunities. One lender, one mortgage...this is another way Laurentian Bank makes it easier for home buyers to dig in for the long haul to home ownership. Do you know what your borrowing power is? The more prepared you are for a mortgage loan obligation (like having saved a substantial down payment), the more borrowing power you will have. Prior to making any offer on a home, let Laurentian Bank preapprove you, so you know exactly where you stand financially and just how much money your lender is backing you up with.

Contact Us

First Name
Last Name
Email
Phone
Message (Optional)
OR CALL
1.877.896.6727