Affordibility 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 necessary to qualify. Please check with professional financial advisor for personal consultation)

Asking Price:	$ * Invalid	Heating:	$ /Year Invalid
Interest Rate:	% * Invalid	Condo Fee:	$ /Year Invalid
Taxes:	$ /Year* Invalid	Other Debt:	$ /Year Invalid
Amortization:	Years * Invalid	GDS:	% * Invalid
		TDS:	% * Invalid

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.

Shabbir Khokher

Sales Representative

Re/Max Royal Properties Realty Ltd, Brokerage

Independently owned and operated.

Shabbir.khokher@gmail.com

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