Getting your home starts with getting your mortgage. Getting your mortgage starts with meeting with a mortgage broker or a bank personnel. We recommend the former because of the number of options that a Mortgage can offer you versus the bank being able to offer you ONLY their respective LIMITED products.
There are so many articles written about enlisting the help of a mortgage via a brokerage versus getting your mortgage from the bank, it is not the purpose of this post. The sole purpose of this post is to answer the question posed above - " I Want This - Can I AFFORD IT?"
Only ONE way to find out? I highly recommend that you do some research by using the calculators below.
The calculators below are provided from TRUSTED neutral sources
CANADA MORTGAGE and HOUSING CORPORATION
|Mortgage Payment Calculator|
FINANCIAL CONSUMER AGENCY OF CANADA
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CENTURY 21 Percy Fulton Ltd., Brokerage*