Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
0.43%of Cost
Annual Property Tax:  $  
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 
Income Needed to Qualify for the Mortgage
 
Total Monthly Loan Payment:  
Total Monthly Debt Payment:  
Monthly Loan Insurance (%):  
Qualifying Income of % GDS Ratio:  
Qualifying Income of % TDS Ratio:  
 
What You Can Afford
We are using the % ratio.
Cost of House:  
Down Payment:  
Loan Value:  
Monthly Principal & Interest:  
Monthly Insurance:  
Monthly Property Tax:  
Monthly Condo Fees:  
 
Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)
Monthly Rent: $
  No. of Years you plan on keeping the home:
Annual Rental Increases:   %   Yearly Appreciation on the Home: %
Monthly Renter Insurance: $   Annual Home Maintenance: %
Savings or Investment Rate:   %  


Royal LePage Helping You in Real Estate Podcast
Royal LePage 50-Plus Realtor Designation4/22/2008 9:16 PM
Linda Leatherdale, money editor of The Toronto Sun and host of MONEY LINE on Rogers Television, Lisa da Rocha, vice president, marketing and communications, Royal LePage Real Estate Services, and David Cravit, senior vice president, marketing, The 50Plus Group, discuss how the 50-plus demographic is affecting the Canadian housing market and economic landscape.
Royal LePage Eco Home Survey2/13/2008 9:06 PM
This podcast features Linda Leatherdale, money editor of The Toronto Sun and host of MONEY LINE on Rogers Television, Phil Soper, president and CEO, Royal LePage Real Estate Services, and Elden Freeman, real estate broker and executive director, National Association of Green Agents and Brokers. Listen as they engage in an exciting discussion focused on green initiatives and trends in real estate.
Royal LePage Market Forecast12/11/2007 8:54 PM
Linda Leatherdale, money editor of The Toronto Sun and host of MONEY LINE on Rogers Television, and Phil Soper, president and CEO, Royal LePage Real Estate Services, discuss the Canadian Real Estate market and the outlook of where the market is headed.
Royal LePage Female Buyers Report12/11/2007 8:54 PM
Linda Leatherdale, money editor of The Toronto Sun and host of MONEY LINE on Rogers Television, and Lisa DaRocha, vice president, Marketing and Communications, Royal LePage Real Estate Services, discuss how more and more females are driving housing demand and hammering away at renovations. The first ever Royal LePage Female Buyers report finds that 30 per cent of single, never-before married women own their own home.
Royal LePage Housing Market Outlook10/15/2007 7:00 AM
Linda Leatherdale, money editor of The Toronto Sun and host of MONEY LINE on Rogers Television, and Phil Soper, president and CEO, Royal LePage Real Estate Services, discuss the Canadian Real Estate market and the outlook of where the market is headed. Included in this segment is an overview of The 2007 Carriage Trade Luxury Properties Report, which examines trends and activity in eight major cities across Canada.
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