There are other costs to consider. These closing costs and additional expenses can impact your offer, the size of your down payment, and the amount of mortgage you qualify for, so be aware of these costs from the start.
ONE-TIME EXPENSES
•Mortgage application fee
•Appraisal fee
•Home inspection
•Property survey fee
•Legal fees
•Legal disbursements
•Land transfer tax
•Mortgage interest adjustments
•Strata fee adjustments
•Property tax adjustments
•Adjustments for utilities
•Mortgage insurance
•Home and property insurance
MONTHLY EXPENSES
•Strata fees
•Mortgage payments
•Maintenance
•Insurance
•Property Tax
•Utility Bills
