E-mail me: mlummis@RealEstateHalifax.ca |
| Pre-Qualify Online | Mortgage
To calculate the payment of your mortgage please follow the following
- Enter the purchase price of the home which you plan to buy.
- Enter the down payment which you plan to provide. The minimum downpayment
is usually 5%.
- Enter the number of years over which you want the mortgage amortized
(Paid off) The usual number is 25 years.
- Enter the current interest rate. This can usually be provided by
your mortgage officer or realtor.
- Push "calculate". The amount of principal & interest
will display at the bottom of the form.
Mark Lummis. Any reproduction of this site is prohibited.
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