Tandia Talks Money

The True Cost of Homeownership in Canada: What You Need to Know


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Owning a home is often seen as the ultimate milestone, but let’s face it: it comes with more costs than just the down payment. In this episode, we’re pulling back the curtain on the hidden expenses of homeownership in Canada and breaking down what you need to know to avoid surprises down the road.

 

We’ll talk about everything from down payments and mortgage payments to property taxes and home insurance. If you’re thinking about buying a home or are already in the process, this episode will help you understand the true cost of owning your own space — and how to budget for it.

 

In this episode, you’ll learn:

  • How to budget for a down payment and the hidden costs that come with it.
  • Why mortgage payments are just the tip of the iceberg when it comes to monthly expenses.
  • The impact of property taxes and insurance on your overall homeownership budget.
  • What to consider when choosing home insurance and mortgage insurance.
  •  

    Buying a home is a big deal, but knowing exactly what to expect can help you make informed decisions and avoid any financial surprises.


    Call to Action: Ready to take the next step in homeownership? Visit tandia.com to learn how we can help you navigate the process.

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    Tandia Talks MoneyBy Tandia Financial Credit Union

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