Down Payment Boost
Our Down Payment Boost
and on an ongoing basis on your mortgage, when you buy with Buy.ca.
Down Payment Details:
Property Price
$ 150,000Down Payment Required
$ 7,500(5.00%)Buy.ca Contribution
$ 2,250Your Contribution
$ 5,250Mortgage Details:
Property Price
$ 150,000Down Payment
$ 7,500CHMC Insurance
Mortgaged Amount
$ 148,200Total Payment
148,200
Mortgaged Amount
836
Monthly Payment
4.69
Interest Rate
250,792
Total Payment
Total Payment
148,200
Mortgaged Amount
816
Monthly Payment
4.44
Interest Rate
244,594
Total Payment
Mortgage Interest
Savings
$ 6,199
Save big on your mortgage with Perch Mortgages' access to the best mortgage solutions and rates available.
Total Savings with Buy.ca
$ 8,449
*This calculation assumes a 2.5% commission through which savings are passed on to you! We also assume a 4.69% interest rate from other lenders, in contrast to 4.44% from Perch Mortgages. This tool is for demonstrative purposes only, and your down payment savings will vary based upon your unique circumstances.
