Jeff Zabel with Mortgage Alliance has provided us with the following information:
Monthly Principal and Interest (mortgage) charges based on 3 different downpayments
With 5% Down - P&I is $1049.86 / month
With 10% Down - P&I is $987.37 / month
With 20% Down - P&I is just $857.09 / month
For more financing options for this condo, please contact Jeff Zabel, AMP, Mortgage Alliance - Canada's Mortgage Choice at 1-519-772-3763 or jeff@therightmortgage.info
*Above Rates Based on a 4 yr term at 4,95% interest rate, ammortized over 35 years.
The above amounts are estimates and qualification still depends on a formal mortgage application, credit verification and other conditions as may be necessary for approval. The above rates are subject to change without notice.
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