Mortgage Amount
1539 KINROSS RD NW
Edmonton, Alberta, T5E1Z9
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Compare up to four scenarios side by side to see which option is best for you.
Mortgage Scenarios
Home Price
Down Payment %
Down Payment
Mortgage Insurance
Rate
Term
Amortization
Payment Frequency
Payment amount
Stress Test Rate
Required Income
Minimum Down Payment
$379,900
5.00%
$18,995
$15,158
$376,063
4.79%
5 Years Fixed
30 Years
Monthly
$1,960.11
6.79%
$85,398
10% Down Payment
$379,900
10.00%
$37,990
$10,599
$352,509
4.79%
5 Years Fixed
25 Years
Monthly
$2,008.27
$48
6.79%
$85,335
15% Down Payment
$379,900
15.00%
$56,985
$9,042
$331,957
4.79%
5 Years Fixed
25 Years
Monthly
$1,891.18
$69
6.79%
$81,096
20% Down Payment
$379,900
20.00%
$75,980
$0
$303,920
4.99%
3 Years Fixed
30 Years
Monthly
$1,620.18
$340
6.99%
$72,619
Total Monthly Cost
Total Monthly Cost
Monthly Mortgage
Home Expenses
Monthly Tax
Condo Fees
Heat
Minimum Down Payment
$2,381.10
$1,960
$421
$321
$0
$100
10% Down Payment
$2,429.26
$48
$2,008
$421
$321
$0
$100
15% Down Payment
$2,312.17
$69
$1,891
$421
$321
$0
$100
20% Down Payment
$2,041.17
$340
$1,620
$421
$321
$0
$100
Cash to Close
Cash to Close
Purchase Price
Down Payment
Deposit
Title Registration
Minimum Down Payment
$19,851
$379,900
$18,995
$0
$856
10% Down Payment
$38,822
$18,971
$379,900
$37,990
$0
$832
15% Down Payment
$57,797
$37,946
$379,900
$56,985
$0
$812
20% Down Payment
$76,764
$56,913
$379,900
$75,980
$0
$784
Required Income
Required Income
Monthly Mortgage
Debt Payments
Home Expenses
Cash Left (Gross)
Home Expenses (TDS)
GDS / TDS
Minimum Down Payment
$85,398
$1,960
$0
$421
$4,735
Included
40% / 44%
10% Down Payment
$85,334
$64
$2,008
$0
$421
$4,682
Included
40% / 44%
15% Down Payment
$81,095
$4,303
$1,891
$0
$421
$4,446
Included
40% / 44%
20% Down Payment
$72,619
$12,779
$1,620
$0
$421
$4,010
Included
40% / 44%
Principal & Interest
Mortgage Journey Map
Showing Results at 60 months
5 Years
4.79% Fixed
Minimum Down Payment
5 Years
4.79% Fixed
10% Down Payment
5 Years
4.79% Fixed
15% Down Payment
3 Years
4.99% Fixed
20% Down Payment
Principal & Interest
Interest
Principal
Total Payment
Effective Amortization
Balance
Minimum Down Payment
$85,598.77
$32,007.88
$117,606.65
30 Years
$344,055.13
10% Down Payment
$78,944.95
$6,653.82
$41,551.52
$9,543.63
$120,496.47
$2,889.82
25 Years
$310,957.69
$33,097.43
15% Down Payment
$74,342.17
$11,256.60
$39,128.91
$7,121.03
$113,471.08
$4,135.57
25 Years
$292,827.71
$51,227.42
20% Down Payment
$44,027.09
$41,571.68
$14,299.34
$17,708.54
$58,326.43
$59,280.22
30 Years
$289,620.66
$54,434.47
Principal & Interest
Showing Results at 60 months
Showing Results at 60 months