Private Mortgage
Calculators
Use our mortgage calculators to discover how Group Capital can get you the best rates on your private mortgage. With just a few simple pieces of information, you can quickly learn how much you could qualify for on your private mortgage.
Contact us today to see how easy it is to do the things you want to do with the equity in your home.
New Purchase
Equity Takeout
General Questions
The minimum down payment when buying a home in Canada is 5% of the purchase price, however if you can make a larger down payment than the minimum requirement, your mortgage payments will be lower and it will take you less time to pay off your mortgage.
For private mortgages, minimum down payment is 20% of the purchase price.
Yes, you can get a private mortgage even with bad credit. The lender looks at several factors when considering approval include the value of your home and your income.
The LTV for a property is equal to all mortgages on a property divided by the appraisal value of the property. If you own a home worth $2,000,000 and get a new first mortgage for $1,500,000 then your LTV ratio is 75%.
