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Mortgage Payments & Closing Costs Anyhouse we select in Toronto or Mississauga $2,500.00
Estimated Property Taxes 2009
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
Estimated Property Taxes (Monthly)
208
208
208
208
>Condo Maintenance Fee (if applicable)
150
150
150
150
2,006
1,974
1,811
1,702
70,226
69,055
63,139
59,176
300
300
300
300
Ontario Land Transfer Tax
4,475
4,475
4,475
4,475
Toronto Land Transfer Tax
3,725
3,725
3,725
3,725
988
576
476
1,200
1,200
1,200
1,200
10,688
10,276
10,176
9,700
Total Mortgage incl. CMHC >Monthly Payment (P&I @3.60% - 5yr/35yr amort)
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 2009
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
Estimated Property Taxes (Monthly)
208
208
208
208
>Condo Maintenance Fee (if applicable)
150
150
150
150
2,006
1,974
1,811
1,702
70,226
69,055
63,139
59,176
300
300
300
300
Ontario Land Transfer Tax
4,475
4,475
4,475
4,475
Toronto Land Transfer Tax
3,725
3,725
3,725
3,725
988
576
476
1,200
1,200
1,200
1,200
10,688
10,276
10,176
9,700
Total Mortgage incl. CMHC >Monthly Payment (P&I @3.60% - 5yr/35yr amort)
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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