Turning Your Dreams Into An Address

Mortgage rate

Mortgage Rates
See how our mortgage rates compare with current lender rates.

Mortgage Rates, current as of October, 2018:



6 Month 4.75% 3.10%
1 Year Closed 3.69% 3.04%
2 Year Closed 3.59% 3.29%
3 Year Closed 4.34% 3.54%
4 Year Closed 4.49% 3.64%
5 Year Closed 5.34% 3.54%
7 Year Closed 5.89% 4.04%
10 Year Closed 6.49% 4.19%
5yr Variable Rate 2.60% 3.19%

* Rates may vary provincially and are subject to change without notice OAC.
*Variable Rate fluctuates with Prime and can not be guaranteed.
*Rates are guaranteed for 120 days on pre-approvals and all firm deals OAC.

 Source: Mortgage Brokers Ottawa





Access to multiple Lenders, with the best Variable and Fixed Rate

Mortgage products available


How Much Can You Afford?

Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs.  To email yourself a copy of the results, click the Receive this Detailed Analysis link.

Required Fields
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
Estimate Insurance to 0.43% of Cost
Annual Property Tax:  $  
Estimate Tax to 1.2% of Cost
Monthly Income:  $
Monthly Debt:  $
Optional Fields
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $
  Receive this Detailed Analysis

Your Monthly Payments
Loan Amount:
Loan Insurance (%):
Total Loan (Mortgage) Amount:
Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %


Sepehr Safaee
(613) 254-6580(Office)
(613) 769-9302(Cell)
(613) 254-6581(Fax)

ottawa, Ontario

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