Friday, March 29th, 2024
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Nahil Matloob
Sales Representative
Homelife\Bayview Realty Inc., Brokerage
Independently owned and operated.
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Nahil Matloob Sales Representative Homelife\Bayview Realty Inc., Brokerage Independently owned and operated. pic 505 Hwy.7 East,suite 201, Thornhill, Ontario L3T7T1 pic Cell: 647 402 0678 | Office: 905 889 2200 pic soldbynahil@yahoo.ca

                   WE ARE #1 OFFICE IN CANADA

                     FOR OVER 25 CONSECUTIVE YEARS

header Mortgage Qualification

Calculate to find out if you are qualified for a mortgage.

Offer Price of Property: $
Down Payment: $ %  
Mortgage Amount:  
Mortgage Insurance: %
Total Mortgage:  
Mortgage Amortization:  years  
Interest Rate: %   
Mortgage Payment:
Est. Monthly Property Tax:  
50% Monthly Condo Fee:  
Est. Monthly Heating Cost:  
Cost Per Month:    
Gross Income Monthly Annually
Person 1: $  
Person 2: $  
Others: $  
Total:
Monthly Debt Costs
Loans: $  
Charge Cards: $  
Others: $  
Total:  
Debt Ratios
GDS: % 
TDS: % 
Result:

 
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.

Nahil Matloob
Sales Representative
Homelife\Bayview Realty Inc. , Brokerage
Independently owned and operated.