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Mortgage Affordability Calculator

When browsing real estate listings for a new home, the first step is to figure out how much mortgage you can afford. Affordability is based on the household income of the applicants purchasing the house, the personal monthly expenses of those applicants (car payments, credit expenses, etc.), and the expenses associated with owning a home (property taxes, condo fees, and heating costs). The calculator below will show you the maximum purchase price that you can qualify for.

You also need to determine if you have enough cash resources to purchase a home. The cash required is derived from the down payment put towards the purchase price, as well as the closing costs that must be incurred to complete the purchase. Ratehub.ca can help you estimate these closing costs with first tab under our affordability calculator, which will help you determine how much house you can afford.

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Other usefull calculators

Ontario Mortgage payment calculator

Ontario Land Transfer Tax Calculator

Ontario CMHC insurance calculator

REALTOR's & Staff

Oliver Reprich REALTOR and broker of record for Bracebridge Realty brokerage in the heart of Muskoka

Oliver Reprich

broker of record
705-641-9524
Oliver@BracebridgeRealty.ca
Marion Wentzel-Reprich REALTOR with Bracebridge Realty in Muskoka

Marion Wentzel-Reprich

Broker
705-641-8227
Marion@BracebridgeRealty.ca
Marion Wentzel-Reprich REALTOR with Bracebridge Realty in Muskoka

Lea Reprich

Office Manager
705-641-8227
Lea@BracebridgeRealty.ca

Bracebridge Realty

Oliver Reprich is the broker of record of Bracebridge Realty brokerage, based in Bracebridge which is the Heart of Muskoka.

Our area of expertise are waterfront properties and cottages in Muskoka, Parry Sound and Haliburton

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Your local trusted Cottage REALTOR's in the heart of Muskoka