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Looking for a mortgage loan?



Subject to telephone or in-person consultation

Mortgage Calculator
Enter Mortgage Information
Desired mortgage amount ($):
Rate of interest (%):
Amortization period:
Payment frequency:
Payment Information  
Each payment will be ($):
Compute


Explanation
Desired Mortgage Amount
This is the value of the mortgage you require. The actual mortgage amount that you qualify for will be determined when you apply.

Rate of Interest
The rate you are charged for borrowing the money. The majority of rates in Canada are calculated semi-annually, not in advance.

Amortization Period
The total length of time over which the principal amount of the mortgage is repaid. Amortizations up to 30 years are available.

Payment Frequency
This is how often you will make payments towards the principal of your loan. Your choices are monthly, biweekly, and weekly.

* Note: This calculator is for illustrative purposes only. Your actual
              payment schedule will be determined upon approval.

Power-Can Financial Services Inc. is a licensed mortgage brokerage in Ontario, Canada (License No. 11013)
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