Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 18.18% | 0.00% |
| 2010: | 18.18% | 0.00% |
| 2009: | 18.18% | 0.00% |
| 2008: | 9.09% | 0.00% |
| 2007: | 36.36% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 254: | RICHMOND, ON | 0.021% |
| 255: | SEAFORTH, ON | 0.021% |
| 256: | SCHOMBERG, ON | 0.021% |
| 257: | SHANTY BAY, ON | 0.021% |
| 258: | LIVELY, ON | 0.021% |
| 259: | CHAPLEAU, ON | 0.021% |
| 260: | HOLLAND LANDING, ON | 0.019% |
| 261: | MALLORYTOWN, ON | 0.019% |
| 262: | LOWBANKS, ON | 0.019% |
| 263: | CARDINAL, ON | 0.019% |
| 264: | AMHERSTVIEW, ON | 0.019% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.3% | |
| Renewal: | 18.2% | |
| Purchase: | 18.2% | |
| Refinance: | 18.2% | |
| Second Mortgage: | 18.2% | |
| Total Application Types Found: 5 | ||
Average age: 36
Oldest age: 68
Youngest age: 25
The amounts below are the average income of people living in Chapleau who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Chapleau: | $96,670.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $37,171.53 |
| mortgage co-applicants in Chapleau: | $26,166.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($16,236.46) |
Since the average income of Chapleau is substantially higher than the Canadian national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Chapleau: | $60,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $501.53 |
The information shown below represents the residential status of people living in Chapleau who have submitted an inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 18.2% | |
| Own: | 81.8% |
The following table and pie chart represents the marital status of applicants from Chapleau, Ontario using the mortgage preapproval application located at the CanEquity web site. In Chapleau, approximately 90% of the mortgage applicants are living together with someone, while only 9% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 72.7% | |
| Common-law: | 18.2% | |
| Single: | 9.1% |
