Robert McLister·General·January 30, 2007Calgary Mortgages – Today vs Yesterday Calgary is more affordable today than 25 years ago? This Business Edge article would suggest it is. 1981 Typical Calgary home price: $106,000Typical Calgary mortgage: $90,000Interest rate at the time: 18.125%Mortgage payment: $1,319Average Income: $19,932Proportion of Income: 79% 2007 Typical Calgary home price: $357,000Typical Calgary mortgage: $332,000Interest rate at the time: 6.0%Mortgage payment: $2,125Average Income: $60,000Proportion of Income: 42.5% Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.