Frequently Asked
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Have questions about mortgage planning and calculations? We’re here to help!

Yes, you can use our mortgage calculator to compare different loan options, such as fixed and variable rates. Please note that adjusting variables like the frequency of payment or loan term can also inform you of other options available.

Absolutely! Our mortgage calculator can estimate your monthly payments based on the information you provide. While the calculator results may differ slightly from your actual payments, it allows you to gain a clearer understanding of the financial commitment that comes with different mortgage scenarios.

Since mortgage calculators can estimate your monthly payments in different scenarios, you can determine what you can and can’t afford when looking for houses as you embark on this new homeownership journey.

A mortgage calculator can help you get an idea of how much your monthly payments will be. All you have to do is input details like your loan amount, interest rate, term, and down payment. When you adjust these values, you can explore different scenarios and understand how these changes can affect your payments. Keep in mind that mortgage calculators may not include all homeownership costs.

To maximize our calculator’s effectiveness, input your mortgage amount, interest rate, payment frequency, rate term, and desired amortization period for paying off the loan. Do your best to be as precise as possible so the estimated payment will be accurate.

The Benefits of
Working

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We’re a bit like superheroes without the capes — you can count on us for personalized support and a world of options to guide you toward an informed decision. Buying a home is serious business, but that doesn’t mean we can’t make it a fun process!

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Experienced Team

With years of experience under our belts, our team of specialists is armed with leading knowledge and expertise to help guide you through your homeownership journey.

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Unmatched Solutions

Our connections to various lenders mean you can access the best possible options for your specific needs. We have all kinds of solutions for you to explore!

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Helpful Resources

We get it — the mortgage world can be confusing. That’s why we’re here as your one-stop-shop resource to help simplify the process and enhance your understanding.

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Easy Application

We make mortgages easy, starting from the moment you fill out an application. Just input your details, and we’ll walk you through the rest!

Mortgage Dictionaryheader decoration

We believe you should feel confident in all aspects of the mortgage process, from comprehending vocabulary to choosing a solution. To help you out, here are some must-know words that you might come across during your journey:

The loan provided by a lender to finance your property purchase.

The initial payment you make towards purchasing your home. This can range from 5% to more than 20% of the property’s value.

This insurance protects the lender if you default on your mortgage payments. This insurance is required for high-ratio mortgages with a down payment of less than 20% of the home’s value.

The initial amount borrowed for a mortgage, excluding interest and other fees.

The interest rate set by major banks and financial institutions, which is used as a benchmark for setting variable mortgage rates.

The schedule you follow for your mortgage payments. This can include monthly, bi-weekly, or weekly.

A voluntary payment made towards the mortgage principal, in addition to your regular monthly payment, to reduce the overall loan amount.

The total time it takes to fully repay the mortgage, typically ranging from 25 to 35 years.

A group of professionals, including mortgage brokers, advisors, and lenders, who can assist you in navigating the mortgage process.

The date when your mortgage term ends and the remaining balance must be fully repaid or renewed.

Ready to Discover Your Options?

We’ll help you explore different mortgage scenarios that can work for your current budget and future goals. Contact us today!

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