These calculations are approximate and for information purposes only and are dependent on the accuracy and completeness of the information provided. The calculator is made available to you as a tool for independent use and is only intended
to be used as a guide.
The qualifying rate used in this calculator is approximate. The actual loan amount you qualify for may be different, subject to your credit score and other factors. The calculator assumes a credit score of 680.
This calculation assumes that interest rates are held constant for the entire amortization period and that the interest rate is compounded semi-annually, not in advance.
The loan amount will be confirmed upon approval of the mortgage application. These calculations do not constitute, nor should they be relied upon, as financial or other advice. Please speak to a mortgage advisor.
Amortization can only be entered in full years (not months or partial years). The loan amount is rounded to the nearest dollar. If your purchase price is greater than or equal to $1 million, it is not eligible for mortgage default insurance
and a minimum down payment of 20% is required.
Rates are subject to change without notice at any time. Offer may change or be withdrawn at any time without notice.
No warranties or representations are made with respect to any information or results in connection with the calculator. Neither CTC nor any of its affiliates, will be liable for any loss or damages arising from any error or omission in the
information or results, or any action or decision made by you in reliance on the information or results.
