How Much Can You Afford?

Enter in the following information and click Calculate.

Note: This calculation is based on a 25 year amortization schedule. A longer amortization will positively affect the affordability of a property.


Annual Family Income:
Annual Property Taxes: (estimate)
Monthly Heating Costs/Condo Fees: (estimate)
Minimum Monthly Payments for Loans/Credit Cards:
Monthly Secondary Financing Payment:
Interest Rate:
Maximum Mortgage:     
Monthly Payment:     

Knowing your budget and the expenses involved with buying a home is one of the first and most important steps that you need to make before looking at a home. We will sit down with you and explain all of the costs associated with purchasing, so that there are no surprises on closing. Buying a home is probably the biggest investments you will ever make. It is important to know the answers before embarking on the search. Once we have your financial picture figured out then we'll start the fun part of exploring your dreams for that great home that we'll find together!

SANDRA PATE
Broker

Royal LePage Real Estate Services Ltd.
Johnston & Daniel Division
Brokerage

477 Mt. Pleasant Road 
Toronto, Ontario M4S 2L9

LINA RISI
Sales Representative



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