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What would it cost to own?
Sales Agent: Nikki and Cathy Burgess
Curtis Balkissoon
Mortgage Specialist
Royal Bank of Canada
125 Goulet Street
Winnipeg, MB
Tel: 204-890-3794
Fax: 204-219-3798
curtis.balkissoon@rbc.com
Phone: 204-987-2100
Site Location & Model: Murano Gardens
Purchase price: $199,5001
Amortization: 25 Years
Term: 5yr w/18 Month hold!
Interest Rate*: 3.64% (APR 3.64%)
Down Payment
Down Payment
Mortgage
Default insurance premium
Default insurance premium
5%
$9,975
$189,525
3.15%
$5,970
10%
$19,950
$179,550
2.40%
$4,309
15%
$29,925
$169,575
1.80%
$3,052
20%
$39,900
$159,600
0.00%
$0
Total Financing
$195,495
$183,859
$172,627
$159,600
$960
$50
$158
$175
$932
$50
$158
$175
$875
$50
$158
$175
$809
$50
$158
$175
$1,343
$1,315
$1,258
$1,192
see below **
see below **
see below **
$41,725
Principal & Interest
Heating Costs (Estimated)
Condo Fees
Property Taxes (Estimated)
Total Monthly Payment
Nikki and Cathy Burgess
Realtor
Century 21 Carrie.com
1046 St Mary's Road
Winnipeg, MB R2M5S6
Tel: 204-987-2100
Cell: 204-963-1044
nikki.burgess@century21.ca
www.century21.ca/nikki.burgess
Please contact me for more
information on financing this or
any other property.
Annual Income Required
2
Estimated Closing Costs3
> Mortgage Processing Fee
> Property/home inspection costs
> Legal Fees (includes disbursement & fees)
> Land transfer tax (where applicable)
Payable on or before closing
$ Waived
$ See Agent
$ See Agent
$ See Agent
This chart is for illustrations purposes only.
*Rates may differ for smaller mortgage amounts. Interest rates effective as of March 18 2015. Rates are subject to change
without notice. Interest is calculated semi-annually, not in advance. For the purpose of this illustration, the interest rate
and annual percentage rate (APR) are the same assuming no cost of borrowing charges other than interest apply. All
mortgage products are offered by Royal Bank of Canada and are subject to its standard lending criteria.1 This is the list
price supplied by the builder or real estate professional shown above. Sample calculations are based on the assumption
that the property is purchased for the full list price and will differ depending upon actual purchase price. **For the Annual
Income required where the down payment is less than 20% of the purchase price, please speak to your RBC Mortgage
Specialist. 2All mortgage applicants must meet Royal Bank of Canada standard lending criteria for residential mortgages.
The Annual Income required is only one indicator and does not guarantee mortgage approval. 3 Actual cost may differ. This
sheet does not imply any endorsement nor approval by Royal Bank of Canada of any third party or their advice opinions,
information, products or services. ® Registered trademark of Royal Bank of Canada. RBC and Royal Bank are registered
trademarks of Royal Bank of Canada. ™ Trademark of Royal Bank of Canada.