header Affordability 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 enough to qualify. Please check with professional financial advisor for personal consultation)


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

    Arthur Sercan
Sales Representative
arthursercan@gmail.com
Kingsway Real Estate Brokerage, Brokerage
Independently owned and operated.
8 Weldrick Road West, Richmond Hill, Ontario L4C 3T8
Office: 905-883-3436 | Cell: 416-723-4688