Home Mortgage Snapshot

   Lender   var   6mo O   6mo C   1yr O   1yr C   2yr C   3yr C   4yr C   5yr C 
  Bank of Montreal 4.650 7.250 4.200 7.250 3.440 3.600 4.150 4.890 5.190 
  Bank of Nova Scotia - 6.950 4.750 6.500 3.690 3.590 4.040 4.490 5.340 
  CIBC Mortgages 5.250 7.250 3.750 6.350 3.390 3.340 3.640 4.290 5.140 
  HSBC Bank 4.640 4.100 3.690 4.990 2.990 3.090 3.140 3.290 3.340 
  Laurentian Bank - 6.700 4.400 6.300 3.490 3.740 4.150 4.890 5.490 
  National Bank - 7.050 4.400 7.050 3.490 3.740 4.300 4.890 5.340 
  Royal Bank of Canada 5.250 7.450 3.490 7.450 3.490 3.740 4.300 5.040 5.340 
  TD Canada Trust 4.600 - 3.140 4.500 3.040 3.440 3.590 3.890 5.590 



 
How Much Can You Afford?

Based on 5.8% three-year rate.  
 Gross incomeMaximum mortgageAffordable Home25% downpayment
 $50,000$192,419$256,559$64,140
 $75,000$288,630$384,840$96,210
 $100,000$384,840$513,120$128,280
 $120,000$461,808$615,744$153,936