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Enter information in the white boxes - calculations are done as tab and click (items with an asterisk * must be entered).
Financial Parameters:
Calculating...
Property Price *
$
Cash Available *
$
Mortgage Interest Rate *
%
Amortization Period (years) *
Property Location
Mortgage Insurance Upfront
First Time Home Buyer
Unvalidated Self-Employed
Land Transfer Tax
$
Land Transfer Tax Rebate
$
Compounding Method
Compounding Periods Per Year
Effective Montly Interest Rate
Lawyer's Fee
$
Other Initial Costs
$
Annual Property Tax
$
Monthly Condo Fee/Utilities
$
Monthly Other Loan Payments
$
Expected Monthly Rental Income
$
Calculations:
Down Payment Percent
Optimal: %
%
%
%
%
%
%
%
Lawyer's Fees
Land Transfer Tax
Land Transfer Tax Rebate
Mortgage Insurance Percent
Mortgage Insurance Amount
Mortgage Ins. Sales Tax
Other Initial Costs
Down Payment Amount
TOTAL INITIAL COSTS
Remaining Cash Available
Net Mortgage Amount
Mortgage Insurance Percent
Mortgage Insurance Amount
TOTAL MORTGAGE AMOUNT
Monthly Mortgage
Monthly Condo Fees/Utils
Monthly Property Tax
TOTAL MONTHLY PAYMENT
Monthly Rental Income
Net Monthly Cashflow
NET ANNUAL CASHFLOW
* These calculations are for information purposes only and are not meant as investment, accounting, tax or other financial advice.
* Changing regulations may affect these calculations. Please check with the appropriate advisor(s) before making any decisions.