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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.

Personal Pic Kambiz Farsian Sales Representative pic info@buyhomeintoronto.com Remax Realty One, Brokerage Independently owned and operated. pic 50 burnhamhtorop Road West, Mississagua, Ontario L5B3C2 pic Cell: 416-317-4438 | Office: 905-277-0771 | Fax: 905-277-0086