Understanding the Mortgage Calculator:
The Loan amount is the amount your bank is going to lend you for your property.

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Disclaimer:
Minimum down payment requirements may vary. Interest is compounded semi-annually not in advance. Interest rate is fixed for the term of the mortgage. Calculations are approximate and do not account for the payment of property taxes or CMHC insurance premiums that may be required. The information contained on this page is for estimation purposes only. Actual payment amount must be obtained from your lender of choice. The Paul Zammit Real Estate Team nor any of its licensed agents shall have any liability for the accuracy of the information contained on this page