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Mortgage plan

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					                                                Daniel D. Côté Construction Inc.
                                                Rockland, Ontairo, K4K 1L5, P.O. Box 923
                                                Tel: (613) 446-5188, Toll free: 1-866-799-2683
                                                Fax: (613) 446-2204, Toll free: 1-866-788-2683

Mortgage quick reference guide

   Purchase price          Down payment           CHMC premium               Mortagage                  Monthly
                              5%     $9 250              $5 711.88                $181 461.88
      $185 000               10%    $18 500              $3 330.00                $169 830.00
                             25%    $46 250           N/A                         $136 750.00
                              5%     $9 500              $7 003.75                $222 503.75
      $190 000               10%    $19 000              $4 120.00                $210 120.00
                             25%    $47 500           N/A                         $137 500.00
                              5%    $10 000              $6 175.00                $196 175.00
      $200 000               10%    $20 000              $3 600.00                $183 600.00
                             25%    $30 000           N/A                         $150 000.00
                              5%    $11 250              $6 946.88                $220 696.88
      $225 000               10%    $22 500              $4 050.00                $206 550.00
                             25%    $56 250           N/A                         $168 750.00
                              5%    $11 500              $7 101.25                $225 601.25
      $230 000               10%    $23 000              $4 140.00                $211 140.00
                             25%    $57 500           N/A                         $172 500.00
                              5%    $13 000              $8 027.50                $255 027.50
      $260 000               10%    $26 000              $5 220.00                $208 080.00
                             25%    $65 000           N/A                         $290 000.00
                              5%    $13 750              $8 490.63                $269 740.63
      $275 000               10%    $27 500              $4 080.00                $252 450.00
                             25%    $68 750           N/A                         $206 250.00
                              5%    $14 500              $8 953.75                $284 453.75
      $290 000               10%    $29 000              $5 220.00                $266 220.00
                             25%    $72 500           N/A                         $290 000.00
                              5%    $17 500             $10 806.25                $343 306.25
      $350 000               10%    $35 000              $6 300.00                $321 300.00
                             25%    $87 500           N/A                         $262 500.00

Taxes and heating costs are not included in the monthly payments.
Calculations based for illustration purposes based on a 25 year amortization period and 5 year rate of 4.85%
        Monthly
           $1 039.95
              $973.29
              $795.17
            $1 275.16
            $1 204.19
              $788.01
            $ 1 124.27
            $1 052.20
              $859.64
            $1 264.80
            $1 183.73
              $967.10
            $1 292.91
            $1 210.03
            $1 182.01
            $1 461.55
            $1 192.50
            $1 661.98
            $1 545.55
            $1 446.78
            $1 182.01
            $1 630.19
            $1 525.69
            $1 661.98
            $1 967.47
            $1 841.36
            $1 504.38


ate of 4.85%

				
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