More Information About Mortgage Brokers

*The estimated monthly mortgage payment displayed with each listing, is calculated using  the following basic values:

  • 5% Down-payment on the first $500,000 of the total asking price.
  • 10% Down-payment on the remainder, for any property over $500,000
  • 2.45% Prime Rate, with an amortization period of 25 years. 

  • 5.04% interest rate, with an amortization period of 25 years. Note that 5.04% represents the current Bank of Canada Benchmark rate, and is subject to change regularly.  - Please note that this is simply the QUALIFYING rate and not the contract rate that you will receive at time of possession.

  • 12 payments per year.

Every mortgage is different, and your monthly payment amount will likely differ from the estimations provided depending on your individual situation.

Find a Mortgage That Fits your Lifestyle!

At 2% Realty, we recommend contacting a Mortgage Professional to find the best mortgage to fit your needs. While many people attain mortgage financing directly from their bank, a Mortgage Professional can help you evaluate a much wider range of options than any bank can provide. Down-payment requirements, CMHC insurance, variable vs. fixed interest rates – all of these factors will impact your total monthly mortgage payment, and the advice of a licensed expert can potentially save you thousands.

2% Realty Recommends Vinay Thanawala with My Mortgage Professor (Powered by Mortgageline/MA).

Visit mymortgageprofessor.ca or call 403-690-7376 to find out more.