Danny Bell
Mortgage Broker - M13001996
Tel: 905-426-4200 | Cell: 289-200-9061 | Fax: 905-426-4201
New mortgage rules mean you can afford more home with a lower monthly payment!
Scenario:
$150,000 Household Income
$100,000 Down Payment
4.50% Fixed Rate
Previous Rules
$825,000 Purchase Price
$725,000 Mortgage
= $4,102/Month
New Rules
$875,000 Purchase Price (💥$50K More!)
$725,000 Mortgage
= $3,908/Month (💰Lower Payment!)
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Disclaimer: For illustration purposes only. Actual numbers may vary.
Whether you are first-time buyer or an experienced buyer with excellent credit, The Mortgage Centre has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Learn MoreThrough training and certification, we have a good understanding of available products, features, and rates. We are here to keep your mortgage moving forward with our Mortgage Market technology, we have electronic access to various major lenders in Canada, so you’re not tied to one lender or one type of mortgage.
Learn MoreWe understand that mortgages can be confusing and intimidating. To help demystify the process, The Mortgage Centre provides a glossary and a variety of free calculators to assist you in researching, and planning your mortgage.
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