BELLEVILLE • PRINCE EDWARD COUNTY • QUINTE WEST
Dreaming of a New Home? Let's Crunch the Numbers!
Biweekly = 26 payments/year. Accelerated biweekly = half the regular monthly payment, paid 26 times/year. Property tax is spread evenly over the selected payment frequency.
For general planning only. Assumes a fixed mortgage rate, nominal annual interest compounded semi-annually, and a constant rate over the full amortization. Actual lender payments, insurance eligibility and premiums, property taxes, closing costs and qualification requirements may differ. Mortgage default insurance is estimated for eligible owner-occupied purchases using common premium tiers; provincial sales tax on insurance premiums, if applicable, is not included. A 30-year insured amortization may be available only to eligible borrowers; check with a mortgage professional. This is not a mortgage approval or financial advice.