how much down payment for a condo Buying a Toronto Condo | Down Payment Rules | Condos.ca Blog – Buying a Toronto Condo in 2016: New Down Payment Rules By carl langschmidt december 16, 2015 Posted in Condo Law , Condos in Toronto , Market Update In a media announcement last Friday, the Federal Government announced new legislation for down payments on Canadian real estate purchases.

Fixed-rate loans are a great option if you want a monthly payment that won’t change. A fixed interest rate means your rate stays the same for the life of the loan – so your payment will only change if your taxes or insurance premiums do. Many of our clients opt for 30- or 15-year fixed-rate loans. The Lowest Rate

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While no-down-payment loans are the main draw, low interest rates and even grants for qualified home buyers sweeten the deal. Our USDA mortgage calculator can help you run the numbers to see if the.

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Savings & Loan Rates – Greater Alliance Federal Credit Union – **1 To obtain the $1,000 credit on your GAFCU mortgage, you must: (1) make net deposits of no less than $100 and no more than $500 each month and must make regular deposits into the Home Buyer Savings account for a minimum of 12 months or a maximum of 15 months, one missed deposit allowed for the15 month period; (2) you must separately qualify, be approved and close on a mortgage loan.