Ashok Patel

416-669-7892

16 October,2021
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Canadian Mortgages

header Highest Purchase Price

Calculate how much your highest price you can afford is and plan your purchase based on income, debt and costs.

Gross Income Monthly Annually
Person 1: $  
Person 2: $  
Others: $  
Total:

Monthly Debt Costs
Loans:  
Charge Cards:  
Others:  
Total:

Dept Ratios
GDS: % 
TDS: % 
Mortgage Amortization:  years  
Interest Rate: %  

Monthly Costs
Est. Monthly Property Tax:  
50% Monthly Condo Fee:  
Est. Monthly Heating Cost:  
After Costs:
Mortgage Insurance: %
Mortgage Applied to Sale:  
Down Payment:  
     
 
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