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Current City Standing within Newfoundland and Labrador

RankLocation Contribution
19:STEPHENVILLE, NL 0.012%
20:NORTH WEST RIVER, NL 0.012%
21:CARBONEAR, NL 0.012%
22:BOTWOOD, NL 0.011%
23:BAIE VERTE, NL 0.009%
24:TORBAY, NL 0.009%
25:KIPPENS, NL 0.009%
26:BENOITS COVE, NL 0.009%
27:LEWISPORTE, NL 0.009%
28:MOUNT MORIAH, NL 0.007%
29:NORMANS COVE, NL 0.007%


Age Demographics for Torbay Based Mortgages

Average age: 33
Oldest age: 44
Youngest age: 26


Incomes for Torbay Based Mortgages

The following figures show the average income of Canadians living in Torbay who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Torbay: $42,100.00
applicants within all of Canada: $60,593.10
Difference: ($18,493.10)
  

Note: Commercial loans were not included for this survey, only residential mortgage loans were used.

Brokers Compare Mortgage Rates
Think the mortgage rate that your bank offered you looks a little high? You're probably right. Unlike a with a mortgage broker, your bank won't shop around for the best rate on the market. Click or tap on the mortgage rate comparison link below and check out the difference for yourself.
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Did you know? The average home loan in Kanata is: Discover many more facts and statistics exclusively here at CanEquity Mortgage.
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Important Tip on Credit Card Debt
Credit card interest rates average at around 18.9 per cent. You, like many other Canadians, may have over ten thousand dollars charged to your credit card, but, if you only make the minimum required monthly payment of 2 per cent ($200 the first month) that $10,000 in credit card debt will ultimately take more than 57 years and cost around 40,000 dollars to fully pay off.

Using a home equity loan will allow you to eliminate the high interest credit card (and by eliminate we mean cut up) and consolidate the debt to a low interest rate mortgage payment.