Peoples Trust 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 ColumbiaOntario
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
3.69%
2 Year
3.14%
3 Year
3.09%
4 Year
3.14%
5 Year
2.59%
Variable Rates
5 Year
2.75%
Fixed Rates
1 Year
3.69%
2 Year
3.14%
3 Year
3.09%
4 Year
3.14%
5 Year
2.59%
Variable Rates
5 Year
2.75%
Fixed Rates
1 Year
3.69%
2 Year
3.14%
3 Year
3.09%
4 Year
3.14%
5 Year
2.59%
Variable Rates
5 Year
2.75%
?
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 Peoples Trust Mortgages

Peoples Trust is a division of the Peoples Group and the Triple Five Group of Companies (and insured by CDIC). Many people do not know that a trust company goes beyond just monetary investments; there are many financial products available, such as mortgage products and services. Peoples Trust works closely with mortgage brokers on behalf of their clients (home buyers) to satisfy many mortgages that are based on flexibility. Peoples Trust knows that not every home buyer can meet or surpass the in-depth criteria of major banks/credit unions, so providing an alternative borrowing source is just one of the ways this trust company 'steps up'. The website is filled to the brim with sound mortgage advice and the Peoples Trust mortgage calculator (and other useful tools). A mortgage broker is armed with mortgage expertise and a useful source of information for home buyers that are investigating a new mortgage, mortgage refinancing, home equity loans, mortgage renewals, and just about every mortgage related product. A mortgage broker is paid for by the lender that commits to the broker and a borrower, so home buyers can breathe easy about not having to shoulder an additional expense for broker services. Another perk to dealing with a trust company is...future investments!
The mortgage market is simplified when using a mortgage broker, Peoples Trust mortgage calculator and financial services that will help you along the way. Buying or building a new home is a long term investment and worthy of the time and effort it takes to get you to 'homeowner' status. Mortgage products that you will come across often during your search for knowledge is an adjustable rate, variable rate & fixed rate mortgages. There are other types of mortgage products that zero in on specifics like a conventional mortgage that is an option with a down payment of 20% or more, which also relieves the pressure of a lender imposing mortgage default insurance, as you will have lowered the lender's risk. A convertible mortgage is another type of mortgage that can be changed from a variable rate to a fixed rate or be able to alter the term duration (without a penalty). You will learn about a closed mortgage (which has many restrictions) and an open mortgage (flexible with payoff & prepayment options without penalty). The list does not end there, other mortgage types include (but not limited to) a cash back mortgage, a portable mortgage, a collateral mortgage, an assumable mortgage, reverse mortgage, and more.

Contact Us

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