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Tip: Set aside about 2% to 4% of the home price for closing costs. More about closing costsOpens a new window in your browser.
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Tip: Set aside about 2% to 4% of the home price for closing costs.
More about closing costsOpens a new window in your browser.
§ The Mortgage Affordability Calculator results are estimates based on what you enter and any pre-filled amounts. For illustration purposes only.ⓘ
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Get our best rates and earn up to $4,000 cash backⓘ when you buy a new home or move your mortgage.
Featured mortgage rates
|
|
|
|---|---|---|
| 5-year fixed | 5.49% (APR 5.49%) |
5.49% |
| 5-year variable | 6.95% (APR 6.95%) |
6.95% |
Applies to new mortgages of owner-occupied properties with an amortization of 25 years or less.
Annual Percentage Rate (APR) is the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.
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