Any House
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Mortgage Payments & Closing Costs Home we select $3,000.00
Estimated Property Taxes 2008
Down Payment
5%
10%
15%
20%
Purchase Price
400,000
400,000
400,000
400,000
Down Payment
20,000
40,000
60,000
80,000
First Mortgage
380,000
360,000
340,000
320,000
CMHC Ins. (3.25% on 5%, 2.00% on 10% & 1.75% on 15%)
12,350
7,200
5,950
392,350
367,200
345,950
1,648
1,616
1,453
1,344
250
250
250
250
Total Mortgage incl. CMHC >Monthly Payment (P&I @3.60% - 5yr/35yr amort) Estimated Property Taxes (Monthly) >Condo Maintenance Fee (if applicable)
0
0
0
0
1,898
1,866
1,703
1,594
69,013
67,843
61,927
57,964
350
350
350
350
Ontario Land Transfer Tax
4,475
4,475
4,475
4,475
Toronto Land Transfer Tax
3,752
3,752
3,752
3,752
988
576
476
1,200
1,200
1,200
1,200
10,765
10,353
10,253
9,777
Total Monthly Investment (P&I +Tax + Condo Fee) Annual Income Required @33% GDS
Estimated Closing Costs Property Inpection
CMHC (PST) Legal Fee & Disbursements Total Estimated Closing Costs
Let me show you how diversifying your mortgage can meet your life's goals…..
Visit
www.davidpylyp.com
Three clicks of your mouse, will find your new house
Estimated Property Taxes 2008
Down Payment
5%
10%
15%
20%
Purchase Price
400,000
400,000
400,000
400,000
Down Payment
20,000
40,000
60,000
80,000
First Mortgage
380,000
360,000
340,000
320,000
CMHC Ins. (3.25% on 5%, 2.00% on 10% & 1.75% on 15%)
12,350
7,200
5,950
392,350
367,200
345,950
1,648
1,616
1,453
1,344
250
250
250
250
Total Mortgage incl. CMHC >Monthly Payment (P&I @3.60% - 5yr/35yr amort) Estimated Property Taxes (Monthly) >Condo Maintenance Fee (if applicable)
0
0
0
0
1,898
1,866
1,703
1,594
69,013
67,843
61,927
57,964
350
350
350
350
Ontario Land Transfer Tax
4,475
4,475
4,475
4,475
Toronto Land Transfer Tax
3,752
3,752
3,752
3,752
988
576
476
1,200
1,200
1,200
1,200
10,765
10,353
10,253
9,777
Total Monthly Investment (P&I +Tax + Condo Fee) Annual Income Required @33% GDS
Estimated Closing Costs Property Inpection
CMHC (PST) Legal Fee & Disbursements Total Estimated Closing Costs
Let me show you how diversifying your mortgage can meet your life's goals…..
Visit
www.davidpylyp.com
Three clicks of your mouse, will find your new house
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