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Cheltenham Mortgage Information

Average Mortgage Loan in Cheltenham: $246,666

How Cheltenham Ranks in Ontario for Mortgage Business

The following table lists how Cheltenham ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
651WELLINGTON, ON 0.005%
652SOMBRA, ON 0.005%
654LEVACK, ON 0.005%
655DOUGLAS, ON 0.005%
656CHELTENHAM, ON 0.005%
657BELLE EWART, ON 0.005%
658ONAPING, ON 0.005%
659ALTON, ON 0.005%
660HARLEY, ON 0.005%
661WYEVALE, ON 0.005%

Types of Mortgage Inquiries Received from Cheltenham

Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 33.3%
No Money Down Mortgage (discontinued): 33.3%
First-time Home Buyer: 33.3%
Total Application Types Found: 3

Age Demographics for Cheltenham Originated Mortgages

Average age: 32
Oldest age: 40
Youngest age: 24

Incomes for Cheltenham Originated Mortgages

The following depicts the average income of people living in Cheltenham who have applied for a mortgage loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Cheltenham: $58,556.67
applicants within all of Canada: $60,852.54
Difference: ($2,295.88)

Note: Commercial loans were not included for this report, only residential mortgage loan amounts were used.

Nearest Settlements

1Brampton, Ontario
2Bolton, Ontario
3Kleinburg, Ontario
4Concord, Ontario
5Woodbridge, Ontario
6Georgetown, Ontario
7Willowdale, Ontario
8Schomberg, Ontario
9Palgrave, Ontario
10Hillsburgh, Ontario
11Etobicoke, Ontario
12Vaughan, Ontario
13Halton Hills, Ontario
14Rockwood, Ontario
15Terra Cotta, Ontario
16Hornby, Ontario
17Unionville, Ontario
18Caledon, Ontario
19Thornhill, Ontario
20Erin, Ontario
21Alton, Ontario
22Don Mills, Ontario
23York, Ontario
24Maple, Ontario
25North York, Ontario
26Orangeville, Ontario
27Acton, Ontario
28Richmond Hill, Ontario
29Downsview, Ontario
30Fergus, Ontario
31Gormley, Ontario
32Scarborough, Ontario
33Mississauga, Ontario
34Campbellville, Ontario
35Tottenham, Ontario
36Elora, Ontario
37Toronto, Ontario
38King City, Ontario
39East York, Ontario
40Pickering, Ontario
41Grand Valley, Ontario
42Aurora, Ontario
43Markham, Ontario
44Stouffville, Ontario
45Sharon, Ontario
46Shelburne, Ontario
47Newmarket, Ontario
48Milton, Ontario
49Cookstown, Ontario
50Claremont, Ontario
51Greenwood, Ontario
52Puslinch, Ontario
53Bradford, Ontario
54Ajax, Ontario
55Creemore, Ontario
56Guelph, Ontario
57Arthur, Ontario
58Kilbride, Ontario
59Elmira, Ontario
60Waterloo, Ontario
61Oakville, Ontario
62Goodwood, Ontario
63Holland Landing, Ontario
64Uxbridge, Ontario
65Brooklin, Ontario
66Everett, Ontario
67Moorefield, Ontario
68Carlisle, Ontario
69Borden, Ontario
70Oshawa, Ontario
71Wellesley, Ontario
72Whitby, Ontario
73Badjeros, Ontario
74Lisle, Ontario
75Loretto, Ontario

Last mortgage report update for Cheltenham: Friday, July 1, 2016
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An amortization is the amount of time scheduled to completely pay off a loan, and the amortization length you choose is important in shaping how much you'll end up paying for your home. While the Government of Canada's national housing agency caps the amortization period for high-ratio mortgages at 25 years, and that is the most popular amortization length in Canada, amortizations can range anywhere from 5 to 30 years for uninsured mortgages. Try our easy to use mortgage calculator to see how changing the amortization length affects your loan payments.
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Did you know? The average home loan in Stouffville is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.