2025-03-12 19:09
Here’s the ACTUAL cost of buying a $700,000 home with 10% Down Payment ⬇️
➡️ Down Payment - $70,000
➡️ CMHC insurance - $19,530
➡️ Closing Costs - $14,000
➡️ Mortgage Payment - $3,595/month (at 4.5% int)
➡️ Property Tax - $400/month
➡️ Home Insurance - $100/month
➡️ Utilities - $300/month
How much home can you afford? 👇