This handy tool will help you gauge just how much house (or condo) you can afford.
Don’t forget (if your in Canada) to add 2% to your expected mortgage rate, as you need to qualify for the ‘Current Rate + 2%)
Mortgage Affordability Calculator
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Are you interested in more in-depth real estate information? Check out our podcast, available on most podcast platforms.
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Do you have an I-Phone? Here is our iOS version of the podcast app.
Now, let’s see how much those mortgage payments would be, if you include property taxes, condo fees (HOA fees) and others. Go here for our mortgage payment calculator.