Zak Abdelnour Broker · Saigal Realty Inc., Brokerage · Milton & Halton
@zakmiltonhomes

Milton home buying

What will your mortgage cost?

See the monthly payment on the home you're looking at, with CMHC insurance included when your down payment is under 20%. If you're weighing two options, add a second scenario and compare them side by side.

AYour numbers
$
%
$85,000
%
yrs
BScenario B
$
%
$170,000
%
yrs
Your payment
$0
per month
A Scenario A
$0
per month
Lower payment
B Scenario B
$0
per month
Lower payment
 
Talk through your numbers → Thinking about buying in Milton? Send me a message.

For illustration only. Payments are monthly and use current CMHC premium tiers and the Canadian semi-annual compounding convention. CMHC insurance applies to owner-occupied purchases under $1,500,000 with less than 20% down and is subject to lender and insurer approval; the premium is added to the mortgage and Ontario charges 8% PST on it in cash at closing. Cash to close shown here is an estimate of your down payment plus Ontario land transfer tax and that PST, and does not include legal, title, inspection, or any first-time buyer rebate. This is not a mortgage pre-approval or financial advice. Your lender sets your actual rate and qualification. Zak Abdelnour, Broker, Saigal Realty Inc., Brokerage.