| BC Mortgages.ca | ||||||||||||
| APPROXIMATE MORTGAGING AMOUNT PER GROSS FAMILY INCOME, BASED ON SHELTER DEBT SERVICE RATIOS FOR A MAXIMUM MORTGAGE, EXTERNAL FAMILY DEBT LOAD CAN NOT EXCEED 8 % OF THE ANNUAL GROSS FAMILY INCOME MORTGAGE QUALIFICATION CALCULATIONS SHOULD BE BASED ON MINIMUM OF A CURRENT " 3 YEAR TERM " INTEREST RATE THE TABLE BELOW SHOWS APPROXIMATE AMOUNTS ONLY, INCLUDING ESTIMATES OF PROPERTY TAXES, STRATA FEES, ETC. IF APPLICABLE TO THE MORTGAGE APPLICATION, MORTGAGE AMOUNTS SHOULD INCLUDE ANY HIGH RATIO INSURANCE FEE | ||||||||||||
| GROSS FAMILY INCOME | ||||||||||||
| 5.50% | 6.00% | 6.50% | 7.00% | 7.50% | 8.00% | 8.50% | 9.00% | 9.50% | 10.00% | 10.50% | 11.00% | |
| $20,000 | $91,471 | $87,266 | $83,355 | $79,715 | $76,321 | $73,156 | $70,198 | $67,433 | $64,845 | $62,419 | $60,144 | $58,007 |
| $25,000 | $111,404 | $106,282 | $101,519 | $97,085 | $92,953 | $89,097 | $85,495 | $82,128 | $78,975 | $76,021 | $73,250 | $70,647 |
| $30,000 | $131,883 | $125,819 | $120,181 | $114,932 | $110,040 | $105,475 | $101,212 | $97,225 | $93,493 | $89,996 | $86,715 | $83,634 |
| $35,000 | $152,907 | $145,877 | $139,340 | $133,254 | $127,582 | $122,290 | $117,347 | $112,725 | $108,398 | $104,343 | $100,539 | $96,967 |
| $40,000 | $172,635 | $164,698 | $157,317 | $150,446 | $144,042 | $138,068 | $132,487 | $127,268 | $122,383 | $117,805 | $113,510 | $109,477 |
| $45,000 | $192,500 | $183,649 | $175,419 | $167,757 | $160,617 | $153,954 | $147,731 | $141,912 | $136,465 | $131,360 | $126,571 | $122,074 |
| $50,000 | $212,500 | $202,730 | $193,645 | $185,188 | $177,305 | $169,950 | $163,080 | $156,657 | $150,644 | $145,009 | $139,722 | $134,758 |
| $55,000 | $232,638 | $221,942 | $211,996 | $202,737 | $194,107 | $186,056 | $178,535 | $171,502 | $164,919 | $158,750 | $152,963 | $147,528 |
| $60,000 | $252,912 | $241,284 | $230,471 | $220,405 | $211,023 | $202,270 | $194,094 | $186,448 | $179,291 | $172,585 | $166,293 | $160,385 |
| $65,000 | $273,322 | $260,756 | $249,070 | $238,192 | $228,053 | $218,593 | $209,757 | $201,495 | $193,761 | $186,513 | $179,713 | $173,328 |
| $70,000 | $293,869 | $280,358 | $267,794 | $256,098 | $245,197 | $235,026 | $225,526 | $216,642 | $208,327 | $200,534 | $193,223 | $186,358 |
| $75,000 | $314,552 | $300,090 | $286,642 | $274,123 | $262,455 | $251,568 | $241,399 | $231,890 | $222,989 | $214,648 | $206,823 | $199,475 |
| $80,000 | $335,372 | $319,953 | $305,615 | $292,267 | $279,826 | $268,219 | $257,377 | $247,239 | $237,749 | $228,856 | $220,512 | $212,678 |
| $85,000 | $356,329 | $339,946 | $324,712 | $310,530 | $297,312 | $284,979 | $273,460 | $262,688 | $252,605 | $243,156 | $234,292 | $225,967 |
| $90,000 | $377,422 | $360,070 | $343,934 | $328,912 | $314,911 | $301,849 | $289,647 | $278,238 | $267,558 | $257,550 | $248,161 | $239,343 |
| $95,000 | $398,652 | $380,323 | $363,280 | $347,413 | $332,625 | $318,828 | $305,940 | $293,889 | $282,608 | $272,037 | $262,119 | $252,806 |
| $100,000 | $420,018 | $400,707 | $382,750 | $366,032 | $350,452 | $335,915 | $322,337 | $309,640 | $297,755 | $286,617 | $276,168 | $266,356 |
| $105,000 | $441,520 | $421,221 | $402,344 | $384,771 | $368,393 | $353,112 | $338,839 | $325,492 | $312,998 | $301,290 | $290,306 | $279,992 |
| $110,000 | $463,159 | $441,865 | $422,064 | $403,629 | $386,449 | $370,419 | $355,445 | $341,445 | $328,338 | $316,056 | $304,534 | $293,714 |
| $115,000 | $484,935 | $462,640 | $441,907 | $422,606 | $404,618 | $387,834 | $372,157 | $357,498 | $343,775 | $330,916 | $318,852 | $307,523 |
| $120,000 | $506,847 | $483,544 | $461,875 | $441,702 | $422,901 | $405,359 | $388,973 | $373,652 | $359,309 | $345,869 | $333,260 | $321,419 |
| $125,000 | $528,896 | $504,579 | $481,967 | $460,917 | $441,297 | $422,992 | $405,894 | $389,906 | $374,939 | $360,915 | $347,757 | $335,401 |
| $130,000 | ||||||||||||
| We invite you to browse our domain at www.BCMortgages.ca . You'll find great information (such as NHA qualifying guidelines) in our Mortgage Help section. You can also check latest discount mortgage rates & use our full range of mortgage calculators. We sincerely look forward to providing all of your financing needs. | ||||||||||||