The information contained and displayed on this website is solely for the estimation of approximate mortgage terms. It may not necessarily reﬂect the actual amounts, and terms of a mortgage. Always use a mortgage broker or lender to determine and obtain the speciﬁc payment amount eligibility. Minto Communities and its affiliated companies assume no liability for the accuracy of the information displayed on this page. To qualify for a mortgage loan at a bank, you will need to pass a “stress test”. You will need to prove you can afford payments at a qualifying interest rate which is typically higher than the actual rate in your mortgage contract.
Your mortgage payment would be
You may be able to buy a home priced up to $1,552,000
Please speak with a lender or financial advisor about home buying eligibility and mortgage options.
Mortgage loan payment:
$5,814/mo - Based on a mortgage loan of $859,069.
Since your down payment is less than 20% of the purchase price, mortgage default insurance is required.
Adjust your information to see how it impacts what you can afford: