Interest Rate Guarantee

Save $900/Month On Your New Home

Home buyers are faced with many challenges. Whether its saving for a down payment, rising interest rates or ensuring your monthly mortgage payments are within your budget, home buyers who are trying to get onto the property ladder have many obstacles. 

We hear you.

CaraCo is pleased to offer our 2.99% Interest Rate Guarantee*.

Exclusive to CaraCo new townhome purchasers in Riverview, we've addressed your concerns and have worked with our mortgage team to develop this program.

Take advantage of:

 

  • 2.99% interest rate, compared to posted rates of 5.5% or higher
  • 3 year term
  • Minimum 5% down payment 

Explore These Savings

 

Resale Home

CaraCo Home

Purchase Price

$639,900

$639,900

Mortgage Amount

$608,000

$608,000

Down Payment

$36,000

$36,000

Mortgage Length

30 Years

30 Years

Type

3 Year

3 Year

Interest Rate

5.50%

2.99%

Monthly Payment

$3,460

$2,560

Annual Savings*

 

$10,800

OAC. All calculations are approximations and/or rounded.  Down payment subject to insurer guidelines. Borrowing limits may apply. Home purchase must be made by January 31, 2023 and close by August 31, 2023. Rates, terms and conditions subject to change.  E&OE.

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Updated on June 28, 2021