Buy/Rent

Down Payment Boost Calculator

Our Down Payment Boost calculator helps you crunch the numbers to find out how much you can save on your down payment, and on an ongoing basis on your mortgage, when you buy with Buy.ca.

$
$
5.00%
%
25 Years
Monthly

Down Payment Details:

You Saved $ 3,000

Property Price

$ 150,000

Down Payment Required

$ 7,500(5.00%)

Buy.ca Contribution

$ 3,000

Your Contribution

$ 4,500

Mortgage Details:

Property Price

$ 150,000

Down Payment

$ 7,500

CHMC Insurance

$ 5,700

Mortgaged Amount

$ 148,200
231,225

Total Payment

Other lenders

  • 148,200

    Mortgaged Amount

  • 771

    Monthly Payment

  • 3.89

    Interest Rate

  • 231,225

    Total Payment

You Saved $ 5,952
225,274

Total Payment

  • 148,200

    Mortgaged Amount

  • 751

    Monthly Payment

  • 3.64

    Interest Rate

  • 225,274

    Total Payment

Buy.ca Down Payment Boost

$ 3,000

Apply today to get qualified and Boost your buying power!

Mortgage Interest Savings

$ 5,952

Save big on your mortgage with Perch Mortgages' access to the best mortgage solutions and rates available.

Total Savings with Buy.ca

$ 8,952

*This calculation assumes a 2.5% commission through which savings are passed on to you! We also assume a 3.89% interest rate from other lenders, in contrast to 3.64% from Perch Mortgages. This tool is for demonstrative purposes only, and your down payment savings will vary based upon your unique circumstances.