Modern Wealth

13: How Much Can I Expect to Spend On a Million Dollar Home?


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EPISODE DESCRIPTION

In this episode, Tom shares how he and Brandon pre-approve clients by making a customized budget, and how much it would actually cost to purchase a million dollar home in Canada.

 

What was discussed:

→ Breaking down the mortgage down payment, amortization, rate, and property taxes.
→ How much cash you actually need for closing costs including down payment, legal fees, appraisals, land transfer tax, and adjustment costs.
→ What your monthly household budget would be with mortgage, utilities, property tax, and home insurance.

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MORTGAGE INQUIRIES

📞 Book a Call

📧 Email us→ [email protected]
📝 Start an Application

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CONNECT

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📸 Connect on Instagram (CMG)

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🟢 Leave a rating on Spotify

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Modern WealthBy Tom Moffat


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