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Wetordry · 08-05-2009, 10:04 AM

do the math

500k less 20% down = 400k mortgage

Example: BMO right now says 4.55% fixed for 5 yrs

use their website for payment calculator = $2,225.02 per month

dont forget to add maintenance fees (1000 sqft condo = about $300)

= $2,525 per month

08-05-2009, 10:04 AM	#6
Wetordry RS controls my life! Join Date: Jan 2002 Posts: 713 Thanked 42 Times in 32 Posts Failed 5 Times in 5 Posts	do the math 500k less 20% down = 400k mortgage Example: BMO right now says 4.55% fixed for 5 yrs use their website for payment calculator = $2,225.02 per month dont forget to add maintenance fees (1000 sqft condo = about $300) = $2,525 per month