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 7.100 4.200 7.100 3.290 3.500 4.050 4.790 5.140 
  Bank of Nova Scotia - 6.950 4.750 6.500 3.690 3.490 3.940 4.290 5.140 
  CIBC Mortgages 5.250 7.250 3.750 6.350 3.290 3.240 3.640 4.290 4.990 
  HSBC Bank 4.640 4.100 3.690 4.990 2.940 2.990 3.040 3.090 3.140 
  Laurentian Bank - 6.700 4.400 6.300 3.390 3.390 3.690 4.240 5.140 
  National Bank - 6.700 4.400 6.700 3.340 3.590 4.150 4.590 5.140 
  Royal Bank of Canada 5.250 7.250 3.340 7.250 3.340 3.590 4.150 4.890 5.140 
  President's Choice - - 6.190 - 3.440 3.240 3.590 4.190 4.640 
  TD Canada Trust 4.600 - 3.140 4.500 3.040 3.240 3.440 3.890 5.140 



 
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