Mortgage Information
If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing. The fact is that securing financing is the First and Most Important Step you should take when contemplating buying a property. You are then aware of what price range you should look in and how it will affect your monthly expenditures. There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. Alan would be happy to refer you to some very good mortgage contacts he has in Victoria, or to help you in any other way he can to secure the best possible rate for your home purchase.
Contact Alan at:
Cell: 250-507-2759 or E-mail: AlanWiggins@shaw.ca
Sutton Group West Coast Realty #103-4400 Chatterton Way Victoria V8X 5J2 Bus: 250-479-3333 |  |
Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.