CMHC Calculators
Determine your:
Mortgage Payment
Debt Service
CMHC Premium
Household Budget
Mortgage Affordability
NEED FINANCING?
Get the best rates through a Mortgage Broker from Oriana Financial. They have access to more than 30 Lenders!
Contact Todd Farrell 613-635-2921 Email or
Bob Rodrigue 613-717-1505 Email - having served the Valley for more than 30 years.
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Own your condo for $1034 per month in Phase 1, 25 Tamarack - with 20% down - or for as little as 5% down, you pay only $1160 per month. Here's an example of how your monthly payments may look:
FULLY UPGRADED UNITS
25 Tamarack - 5% Down
Average Price: $165,900
5% down, 2.69% int., 25 yr. amort.
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25 Tamarack - 20% Down
Average Price: $165,900
20% down, 2.69% int., 25 yr. amort.
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Down payment
CMHC (2.75%)
Mortgage Amount
Mort. Payment
Condo Fees
Property Taxes
Total
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$8,295
$4,334
$161,939
$741
$239
$180
$1,160
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Down payment
CMHC Ins. (1%)
Mortgage Amount
Mort. Payment
Condo Fees
Property Taxes
Total
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$33,180
$1,659
$134,379
$615
$239
$180
$ 1034
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*Estimates do not include other lender fees. All numbers are estimates.
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This Guide has been created by CMHC to help you become an informed condominium buyer.
Topics include: condominium types, rules and regulations, a condition checklist, a glossary of terms, information sources and a condominium selection checklist.
“It's tangible, it's solid, it's beautiful. It's artistic, from my standpoint, and I just love real estate."
~ Donald Trump
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