Useful Tools

Tools Here are three tools you can use to help you decide on what's affordable and what's recommended:

The tools have been enhanced so that each time you perform a calculation the results are added to the previous ones. That way you can compare how the results change depending on variables you set.

Please note that these tools, while accurate, can only provide you with a rough idea of what you really can afford. Call us and we'll be happy to sit down with you and work out a detailed analysis of your situation.

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Rent v.s Buy Calculator

This calculator shows you your "break-even" point for buying v.s. renting. After entering your data and clicking "Calculate", check out the "Equivalent Rent" column. If you're paying more than that per month, you'd be actually saving money by buying a property.

Property price: $

Downpayment: $

Amortization:

years

Interest rate:

The estimated heating cost: $

per month

The estimated condo fees (if none, leave 0): $

per month

The estimated property taxes : $

per year

Increase in property value:

% per year

CALCULATE

Results

Mortgage Amount	Mortgage	Other Property Costs	Increase per year	Equivalent rent

Call me: I'm there for you

plans Call me and tell me your homeownership goals. I'll be happy to sit down with you to work out what your options are and prepare an achievable and realistic plan.

Eric Cyrenne
514-704-8549

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