The mortgage is only part of your monthly cost. Add property tax, utilities, insurance and upkeep to see the full picture.
| Mortgage payment | |
| Property tax | |
| Heat, power and water | |
| Home insurance | |
| Condo fees | |
| Saving for repairs |
Happy to walk through it with you, no pressure.
Spencer Bomboir, REALTOR® · Bomboir Real Estate Team at Boyes Group Realty Inc. · 714 Duchess Street, Saskatoon · 306-641-4555 · spencerbomboir.com
This calculator gives estimates only. The mortgage payment uses Canadian semi-annual compounding and includes mortgage default insurance when you put less than 20% down. The property tax estimate uses roughly 1.25% of the price per year, based on Saskatoon's combined residential rates; your actual tax depends on your assessed value. Utility, insurance and repair amounts are typical estimates. The "Would you pass?" check is a rough estimate using common lender guidelines (39% of gross income for housing costs, 44% including other debts), the qualifying rate shown, an estimated $125 a month for heat and half of any condo fees. Your lender will confirm your actual payment and what you qualify for. It's not financial advice and doesn't create an agency relationship.