 www.easymortgage.ca
|
 |
| Financial Feature Sheet |
|
|
Realtor: Jennifer Jones Company: Century 21 Millennium Phone: 416-708-0150 Property: |
Listing Price: $300000 Interest Rate: 5 % Amortization: 30 |
 |
|
|||||
| Down Payment | 25 % | 20 % | 15 % | 10 % | 5 % |
| Down Payment | 75,000 | 60,000 | 45,000 | 30,000 | 15,000 |
| First Mortgage | 225,000 | 240,000 | 255,000 | 270,000 | 285,000 |
| CMHC Premium | 0 | 0 | 4,463 | 5,400 | 7,838 |
|
|
|
|
|
|
| Total Financing | 225,000 | 240,000 | 259,463 | 275,400 | 292,838 |
|
|||||
| Monthly Payment | |||||
| P & I | 1,201 | 1,281 | 1,385 | 1,470 | 1,563 |
| Heating | 100 | 100 | 100 | 100 | 100 |
| Property Taxes | 250 | 250 | 250 | 250 | 250 |
| Condo Fees | 0 | 0 | 0 | 0 | 0 |
|
|
|
|
|
|
| Total | 1,551 | 1,631 | 1,735 | 1,820 | 1,913 |
|
|||||
| Income Required | 58,155 | 61,157 | 65,052 | 68,242 | 71,732 |
|
|||||