Home Buying Closing Costs Toronto GTA Real Estate
How much are the closing costs? How much money do you need in addition to your deposits. All are answered here with a financial income requirement worksheet.
Home Buying Calculation sheet is generated on each property we are seriously considering during our shopping process. At this point you would have already decided condo or freehold ownership, Fixed or Variable Funding for your mortgage.
The Top Half of the Worksheet describes monthly debt payment calculations
The bottom half describes the Taxes and expenses relative to each purchase.
The new HST (Harmonized Sales Tax) will alter many items.