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MonsterMortgage.ca Rates vs Conventional Rates

Mortgage Term Our (APR) Banks Posted Rates Difference Interest You Save Per Term* Interest You Save Per Year*
Variable 2.36% N/A N/A N/A N/A
1 yr 2.99% 3.15% 0.16% $47.56 $911.81
2 yr 3.24% 3.55% 0.55% $2,382.44 $4,723.33
3 yr 3.04% 3.85% 0.81% $4,520.70 $4,520.70
4 yr 3.55% 4.64% 1.09% $7,920.58 $1,980.14
5 yr 3.19% 4.79% 1.60% $14,348.25 $2,869.65
7 yr 3.64% 6.50% 2.86% $26,277.80 $3,753.97
10 yr 3.89% 6.55% 2.66% $41,146.87 $4,114.69

*Savings are based on a mortgage of $300,000.

Note: Rates are subject to change and OAC. Certain terms and conditions apply.

 

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Hi Jared, my house closed a few minutes ago and I can’t thank you enough!!! I am so happy and can’t really believe that I am done with this process and own a house. Your expertise has been invaluable and again thank you.

Theresa
 

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