 www.easymortgage.ca
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| Financial Feature Sheet |
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Realtor: Jennifer Jones Company: Century 21 Millennium Phone: 416-708-0150 Property: |
Listing Price: $200000 Interest Rate: 5 % Amortization: 30 |
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| Down Payment | 25 % | 20 % | 15 % | 10 % | 5 % |
| Down Payment | 50,000 | 40,000 | 30,000 | 20,000 | 10,000 |
| First Mortgage | 150,000 | 160,000 | 170,000 | 180,000 | 190,000 |
| CMHC Premium | 0 | 0 | 2,975 | 3,600 | 5,225 |
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| Total Financing | 150,000 | 160,000 | 172,975 | 183,600 | 195,225 |
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| Monthly Payment | |||||
| P & I | 801 | 854 | 923 | 980 | 1,042 |
| Heating | 100 | 100 | 100 | 100 | 100 |
| Property Taxes | 250 | 250 | 250 | 250 | 250 |
| Condo Fees | 0 | 0 | 0 | 0 | 0 |
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| Total | 1,151 | 1,204 | 1,273 | 1,330 | 1,392 |
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| Income Required | 43,145 | 45,146 | 47,743 | 49,870 | 52,196 |
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