Danny Bell
Mortgage Broker - M13001996
danny.bell@premieremortgage.ca
Tel: 888-561-2525 | Cell: 289-200-9061
How Much Is A Monthly Mortgage Payment?
Based on today's (September 27, 2022) current, average 5 year fixed rate @ 5.09% with a 25 year amortization, the monthly payment is as follows:
$100,000 mortgage = $586.74/month
$200,000 mortgage = $1,173.48/month
$300,000 mortgage = $1,760.22/month
$400,000 mortgage = $2,346.96/month
$500,000 mortgage = $2,933.70/month
*Please Note: These average rates and payments are for display purposes only. Actual rates are subject to full approval by the mortgage lender. Interest rates are subject to change without notice. Other costs are associated with registering a mortgage.
Whether you are first-time buyer or an experienced buyer with excellent credit, The Mortgage Centre has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Learn MoreThrough training and certification, we have a good understanding of available products, features, and rates. We are here to keep your mortgage moving forward with our Mortgage Market technology, we have electronic access to various major lenders in Canada, so you’re not tied to one lender or one type of mortgage.
Learn MoreWe understand that mortgages can be confusing and intimidating. To help demystify the process, The Mortgage Centre provides a glossary and a variety of free calculators to assist you in researching, and planning your mortgage.
Learn More