Terra Cotta Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 33.33% | * 0.00% |
| 2007: | 33.33% | 0.00% |
| 2005: | 33.33% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 454: | PRINCETON, ON | 0.009% |
| 455: | PORT CARLING, ON | 0.009% |
| 456: | BRUSSELS, ON | 0.009% |
| 457: | NORTH AUGUSTA, ON | 0.009% |
| 458: | MAGNETAWAN, ON | 0.009% |
| 459: | TERRA COTTA, ON | 0.009% |
| 460: | COBOCONK, ON | 0.009% |
| 461: | GRAND BEND, ON | 0.009% |
| 462: | WOOLER, ON | 0.009% |
| 463: | MIDHURST, ON | 0.009% |
| 464: | BAYSVILLE, ON | 0.009% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 66.7% | |
| Variable Rate: | 33.3% | |
| Total Application Types Found: 2 | ||
Average age: 36
Oldest age: 49
Youngest age: 28
The amounts below are the average income of Canadians living in Terra Cotta who have applied for a home loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Terra Cotta: | $79,333.33 |
| applicants within all of Canada: | $56,901.50 |
| Difference: | $22,431.84 |
Since the average income of Terra Cotta is much higher than our 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 Terra Cotta: | $72,500.00 |
| applicants within all of Canada: | $56,901.50 |
| Difference: | $15,598.50 |
The information below represents the residential status of people living in Terra Cotta who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Own: | 66.7% | |
| Live with parents: | 33.3% |
The pie chart below represents the marital status of applicants from Terra Cotta, Ontario using the online mortgage application found at canequity.com. Approximately 66% of the mortgage applicants are living common-law or married, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 66.7% | |
| Single: | 33.3% |
