Mortgages
Mortgage Basics
Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make this become a reality.
Mortgage Terminology
A mortgage is a loan you obtain to pay for a home and any land it sits on. The home and land is used for collateral on the loan, which means that if you don't make your payments, the lender can take the home away to cover your missed payments.
Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make this become a reality.
Mortgage Terminology
A mortgage is a loan you obtain to pay for a home and any land it sits on. The home and land is used for collateral on the loan, which means that if you don't make your payments, the lender can take the home away to cover your missed payments.
-
Mortgage Detailed Information
( 0 Articles )
The following link contains the most complete and up-to-date information available anywhere on Canadian mortgages.
Web Link Hits
Complete Canadian Mortgage Guide
OVER 100 PAGES OF MORTGAGE INFORMATION AT YOUR FINGERTIPS!3
-
Mortgage Calculators
( 0 Articles )
Below you will find five mortgage calculator links.
Rent vs.Buy Calculator
Determine which is more economical, renting or buying, based on your payments and accomodation information.2
Maximum Mortgage Calculator
Compute Maximum Mortgage & Payment2
Mortgage Payment Isolator
Complete any three of the four questions.2
Mortgage Analyzer Calculator
Compute Amortization Schedule" or "Compute Payment & Balance Summary2
Prepayment Calculator
Calculate the effects of prepaying

