Ashok Patel

416-669-7892

25 September,2021
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Canadian Mortgages

header Affordability Chart

A fast and easy tool to find out how much home you can afford. Change interest rates, fees to test different options. (Income may not be enough to qualify. Please check with professional financial advisor for personal consultation)


Asking Price: $   Heating: $ /Year  
Interest Rate: %   Condo Fee: $ /Year
Taxes:   $ /Year  Other Debt: $ /Year  
Amortization:     Years   GDS: %  
    TDS: %  
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Monthly Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $
Interest is compounded semi-annually not in advance. The Interest rate is fixed for the term of the mortgage. The interest rate is usually renegotiated at the end of the term of the mortgage.

This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Ashok Patel
SAVE MAX ACHIEVERS REALTY , Brokerage
Independently owned and operated.
416.669.7892 realtorashok@hotmail.com
Office Address : 9 MILMINK ST, Toronto, Ontario M9W3N3