WHAT WILL IT COST YOU TO BUY A HOME?
Sale price $_______
Less deposit made with offer $_______
Total owing $_______
Less mortgage amount $_______
Still needed as down payment $_______
Other possible purchase costs and who
to contact for information PLUS
Property appraisal/processing fee $_______
CMHC high-ratio insurance (if applicable) $_______
Your lawyer/notary will handle the
following adjustments
Legal fees $_______
Land transfer tax
(1% on 1st $200,000, & 2% on balance) $_______
Land survey (if not available) $_______
Miscellaneous closing adjustments
(such as utilities) $_______
Mortgage funds required upon closing $_______