{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Chart 1: Share of mortgages by amortization period",
        "description": "Note: The effective amortization period is the amount of time it takes to repay the remaining balance on the loan at the current pace of repayment. Negative amortization occurs when a borrower’s total regular mortgage payment does not sufficiently cover the interest portion of the payment.\n\nSources: Regulatory filings of Canadian banks and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=243313"
    },
    "seriesDetail": {
        "SAN_YANG20241209_C1_S1": {
            "label": "Contractual amortization for mortgages that originated between January and September 2024",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "SAN_YANG20241209_C1_S2": {
            "label": "Contractual amortization for all outstanding mortgages as of September 2024",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "SAN_YANG20241209_C1_S3": {
            "label": "Effective amortization for all outstanding mortgages as of September 2024",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        }
    },
    "observations": [
        {
            "k": "Less than or equal to 5 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "1.56"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "0.97"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "8.04"
            }
        },
        {
            "k": "6 to 10 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "2.55"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "2.34"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "8.50"
            }
        },
        {
            "k": "11 to 15 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "3.33"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "3.52"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "13.06"
            }
        },
        {
            "k": "16 to 20 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "5.79"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "5.98"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "21.55"
            }
        },
        {
            "k": "21 to 25 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "43.25"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "47.06"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "27.39"
            }
        },
        {
            "k": "26 to 30 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "42.13"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "32.98"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "15.03"
            }
        },
        {
            "k": "More than 30 years",
            "SAN_YANG20241209_C1_S1": {
                "v": "0.70"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "2.37"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "4.16"
            }
        },
        {
            "k": "Loans in negative amortization",
            "SAN_YANG20241209_C1_S1": {
                "v": "0.00"
            },
            "SAN_YANG20241209_C1_S2": {
                "v": "0.00"
            },
            "SAN_YANG20241209_C1_S3": {
                "v": "2.08"
            }
        }
    ]
}