Save Home Realty Inc. Brokerage, 905-454-6777, Mortgage Information

SAVE HOME Realty Mortgage Lending Partners

Mortgage information and calculator resources from Save Home Realty Inc. Brokerage

Let's Talk About Mortgages

A mortgage is one of the most important financial commitments you will make when purchasing a home. Understanding your financing options, mortgage terms, interest rates, and affordability is essential to making a confident decision.

Whether you are a first-time home buyer, moving to a new property, or refinancing your existing home, having the right information and guidance can make the process easier. I can help connect you with trusted mortgage professionals and provide valuable resources to help you understand your options and move forward with confidence

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Mortgage calculator


I am committed to helping you navigate the home-buying journey by providing helpful information and connecting you with experienced mortgage specialists who can guide you toward a financing solution that fits your needs and financial goals.

Mortgage Information

Note: We will contact you within 24 to 48 hours.

Calculate Down Payment

For homes priced $500,000 or less, multiply the purchase price by 5%. Example: $500,000 x 5% = $25,000.

For homes priced between $500,000 and $999,999, add 5% of the first $500,000 plus 10% of the remaining amount.

For homes priced $1 million and above, multiply the purchase price by 20%. Example: $1,000,000 x 20% = $200,000.

Payment Affects

A larger down payment may help you qualify for a more expensive home.

It can reduce the amount you pay each month and the interest you pay over the life of your mortgage.

It may help you save the cost of CMHC insurance, plus you should budget for property taxes, land transfer taxes, and closing costs.

Note

If your down payment is less than 20% of the purchase price, mortgage default insurance may be required.

Mortgage default insurance applies to homes under $1 million. Homes at $1 million and above require 20% down.

Mortgage information
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