Mortgage amount is based on average home costs in each province after a minimum down payment (5% of first $500,000, 10% between $500,000 and $1.5 million).
Monthly payments calculated using The Government of Canada Mortgage Calculator using an interest rate of 5%.
British Columbia | $870,813 | $5,065 | $4,647 |
---|---|---|---|
Alberta | $461,659 | $2,685 | $2,464 |
Saskatchewan | $327,465 | $1,905 | $1,748 |
Manitoba | $345,483 | $2,009 | $1,844 |
Ontario | $761,124 | $4,427 | $4,062 |
Quebec | $497,170 | $2,892 | $2,653 |
New Brunswick | $293,740 | $1,708 | $1,568 |
Nova Scotia | $393,585 | $2,289 | $2,101 |
Prince Edward Island | $354,065 | $2,059 | $1,890 |
Newfoundland and Labrador | $285,665 | $1,661 | $1,525 |
Yukon | $487,924 | $2,838 | $2,604 |
Northwest Territories | $459,513 | $2,673 | $2,452 |