Mortgage Amount
10507 67 AV NW
Edmonton, Alberta, T6H1Z4
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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
$459,900
5.00%
$22,995
$18,350
$455,255
4.79%
5 Years Fixed
30 Years
Monthly
$2,372.87
6.79%
$102,750
10% Down Payment
$459,900
10.00%
$45,990
$12,831
$426,741
4.79%
5 Years Fixed
25 Years
Monthly
$2,431.18
$58
6.79%
$102,673
15% Down Payment
$459,900
15.00%
$68,985
$10,946
$401,861
4.79%
5 Years Fixed
25 Years
Monthly
$2,289.43
$83
6.79%
$97,541
20% Down Payment
$459,900
20.00%
$91,980
$0
$367,920
4.99%
3 Years Fixed
30 Years
Monthly
$1,961.36
$412
6.99%
$87,280
Total Monthly Cost
Total Monthly Cost
Monthly Mortgage
Home Expenses
Monthly Tax
Condo Fees
Heat
Minimum Down Payment
$2,861.46
$2,373
$489
$389
$0
$100
10% Down Payment
$2,919.76
$58
$2,431
$489
$389
$0
$100
15% Down Payment
$2,778.01
$83
$2,289
$489
$389
$0
$100
20% Down Payment
$2,449.94
$412
$1,961
$489
$389
$0
$100
Cash to Close
Cash to Close
Purchase Price
Down Payment
Deposit
Title Registration
Minimum Down Payment
$24,010
$459,900
$22,995
$0
$1,015
10% Down Payment
$46,977
$22,967
$459,900
$45,990
$0
$987
15% Down Payment
$69,947
$45,937
$459,900
$68,985
$0
$962
20% Down Payment
$92,908
$68,898
$459,900
$91,980
$0
$928
Required Income
Required Income
Monthly Mortgage
Debt Payments
Home Expenses
Cash Left (Gross)
Home Expenses (TDS)
GDS / TDS
Minimum Down Payment
$102,750
$2,373
$0
$489
$5,701
Included
40% / 44%
10% Down Payment
$102,672
$77
$2,431
$0
$489
$5,636
Included
40% / 44%
15% Down Payment
$97,541
$5,209
$2,289
$0
$489
$5,350
Included
40% / 44%
20% Down Payment
$87,279
$15,470
$1,961
$0
$489
$4,823
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
$103,624.30
$38,748.16
$142,372.46
30 Years
$416,506.85
10% Down Payment
$95,569.32
$8,054.99
$50,301.51
$11,553.35
$145,870.82
$3,498.36
25 Years
$376,439.70
$40,067.15
15% Down Payment
$89,997.27
$13,627.03
$47,368.74
$8,620.59
$137,366.01
$5,006.45
25 Years
$354,491.88
$62,014.98
20% Down Payment
$53,298.39
$50,325.91
$17,310.52
$21,437.64
$70,608.91
$71,763.55
30 Years
$350,609.48
$65,897.37
Principal & Interest
Showing Results at 60 months
Showing Results at 60 months