Mortgage Rates


 

The Bank Rates are the average posted mortgage rates at the big Five Banks in Canada.

Our Rates are available to customers of Lending Logic Financial Inc.

All rates are subject to change without notice and are subject to the borrower meeting the normal underwriting requirements of the lender. Certain geographic restrictions may apply.

For Example:
-The Bank Rates are the average posted mortgage rates at the big Five Banks in Canada.
-Our Rates are available to customers of Lending Logic Financial Inc.

All rates are subject to change without notice and are subject to the borrower meeting the normal underwriting requirements of the lender. Certain geographic restrictions may apply.

For Example:

Mortgage Amount:
Interest Rate:
Term:
Payment Frequency:
Amortization:
Mortgage Payment:
Total interest paid:
Total Principal paid:

VARIABLE RATE

$500,000
2.15%
5 year
bi-weekly
25
$ 993.50
$49,324.26
$79,830.74

5 YR FIXED RATE

$500,000
2.59%
5 year
bi-weekly
25
$ 1,043.54
$59,613.97
$76,046.23

**Variable rate. Where the annual interest may change.

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