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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BUY in Phase 1 [Price List - Phase 1]
Own your condo for $911 per month in Phase 1, 25 Tamarack - with 20% down - or for as little as 5%, you pay only $1010 per month. Here's an example of how your monthly payments may look:
FULLY UPGRADED UNITS
25 Tamarack - 5% Down
Average Price: $151,900
5% down, 3% int., 25 yr. amort.
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25 Tamarack - 20% Down
Average Price: $151,900
20% down, 3% int., 25 yr. amort.
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Down payment
CMHC Ins. (2.75%)
Mortgage Amount
Mort. Payment
Condo Fees
Property Taxes
Insurance
Total
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$7,595
$3,968
$148,273
$702
$223
$150
$60
$1,135
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Down payment
CMHC Ins. (1%)
Mortgage Amount
Mort. Payment
Condo Fees
Property Taxes
Insurance
Total
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$30,380
$1,215
$122,735
$581
$223
$150
$60
$1040
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BUY YOUR UNIT "AS IS"
25 Tamarack - 5% Down
Average Price "As Is": $124,900
5% down, 3% int., 25 yr. amort.
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25 Tamarack - 20% Down
Average Price "As Is": $124,900
20% down, 3% int., 25 yr. amort.
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Down payment
CMHC Ins. (2.75%)
Mortgage Amount
Mort. Payment
Condo Fees
Property Taxes
Insurance
Total
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$6,245
$3,263
$121,918
$577
$223
$150
$60
$1,010
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Down payment
CMHC Ins. (1%)
Mortgage Amount
Mort. Payment
Condo Fees
Property Taxes
Insurance
Total
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$24,980
$1,009
$100,919
$478
$223
$150
$60
$911
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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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