Qualifier Calculator
 

MORTGAGE DETAILS   ASKING PRICE:    $  INTEREST RATE:   % AMORTIZATION:        1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14YRS 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22 Year 23 Year 24 Year 25 Year 26 Year 27 Year 28 Year 29 Year 30 Year  ANNUAL EXPENSES   HEATING:      $  TAXES:      $  50% CONDO FEES / OTHER:      $ GDS:  %    PROPERTY LOCATION          Lower Priced Market Medium Priced Market Higher Priced Market PERCENT DOWN:    5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Other 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Other 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Other DOWN PAYMENT: $  $ $ FIRST MORTGAGE: $  $ $ CMHC/GE PREM: $  $ $ TOTAL FINANCING: $  $ $ (MONTHLY) P&I: $  $ $ EXPENSES: $  $ $ TOTAL PAYMENT: $  $ $ INCOME REQUIRED: $  $ $ This calculation has been prepared using standard financial formulas and may not conform to any specific mortgage document or variable payment thereof. It is provided for reference purposes only.