Estimate your available equity and the maximum mortgage qualification amount.
Your numbers
Tell us about your situation
$
Municipal assessment, recent purchase price, or current market estimate for your property (note: your house, condo or plex).
$
Outstanding balance on your existing mortgage that will remain ahead of this new financing.
Your results
Maximum qualification amount
Available equity
$400 000
Property value minus your current mortgage balance.
Maximum possible loan amount
$220 000
Castleton lends up to 70% of the appraised value. This figure represents the additional maximum amount you could borrow on top of your existing mortgage. Actual availability will depend on property location, type of property and other conditions. Minimum loan: $100,000.
Next step
Apply now to determine your loan eligibility
No credit check to pre-qualify. Fast approval, funding in under a week.
Disclaimer:This tool provides an indicative estimate only. Any loan approval including amount, and terms depend is conditional to a complete file review by Castleton and offers are to be contained in a written commitment letter issued Castleton.
