Mortgage Affordability calculator
How much house can I afford? The rule of thumb is you can afford a mortgage where your monthly housing costs are no more than 32% of your gross household income
Land Transfer Tax
Use this Land Transfer Tax Calculator and learn more about Provincial Land Transfer Tax. In Toronto, First-time home buyers may be eligible for a rebate of the provincial and municipal land transfer taxes
CMHC insurance calculator
Get The Coverage You Need To Financially Secure Your Family's Future. CMHC insurance is required when you have a down payment of less than 20% or when you or the property fall short of the bank's lending criteria.
Rent vs Own Calculator
In most cases, it is cheaper to buy a house than to rent for a long period of time. While house prices are rocketing, in general, rents aren't. This should allow renters to save more money, and to buy a home.
Multiply the value of the home by 5%, then divide that number by 12 to get your break even point. If the monthly rent on a comparable home is below the break even point, it makes financial sense to rent. If the monthly rent is higher than the break even point, it makes financial sense to buy.
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Mortgage Payment Calculator
Planning for a mortgage? Find out how much your payments will be & set your budget today! Calculate a house payment. Learn More With The Next Search.Get Pr-Approved Today, and Secure Your Down Payment.