The figures entered on the input page of the PowerSaver calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are intended for illustrative purposes only and accuracy is not guaranteed by the financial institution.
PowerSaver loans require no down payment
The monthly payment shown assumes the PowerSaver loan will be a second mortgage. In cases where the PowerSaver loan is the only mortgage on the property, the actual monthly payment will be higher, because the payment shown above does not include taxes or insurance.
Note: This calculation builds in an annual 1% mortgage insurance rate. Talk with your Energy Programs expert to learn more about this charge.