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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 2.15% N/A N/A N/A N/A
1 yr 2.94% 3.10% 0.16% $47.56 $911.81
2 yr 2.74% 3.55% 0.81% $2,382.44 $4,723.33
3 yr 2.99% 3.85% 0.86% $4,520.70 $4,520.70
4 yr 2.99% 4.64% 1.65% $7,920.58 $1,980.14
5 yr 2.89% 4.79% 1.90% $14,348.25 $2,869.65
7 yr 3.64% 6.50% 2.86% $26,277.80 $3,753.97
10 yr 3.74% 6.75% 3.01% $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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Testimonials
We wanted to let you know of our very good experiences working with Surendra Wankhede as our mortgage consultant. He has negotiated 2 mortgages for my husband and me and one for our son during his recent condo purchase. We are most appreciative of his very timely responses to our questions and his attention to detail and his concern for what is good for us as customers. Additionally, we were working with very challenging buyers of our home and Surendra ensured that we had any information that…
Andrew and Ann Callaghan
 

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