Barry Benson

BARRY BENSON

Cell: 250.342.5809
Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 866.457.8582

Questions?

contact me

INVERMERE OFFICE

Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 866.415.6765

492 Highway 93/95
(next to Tim Hortons)
Invermere, BC V0A 1K2


What Can You Afford

If you need help determining what you can afford, use these calculators

 

Purchasing a home involves one-time costs and monthly expenses.

The largest one-time cost is the down payment and it usually represents between 5% to 25% of the total price of the property.

In addition to the actual purchase price, there are a number of other expenses that you might be expected to pay for. These are listed below:

 

Typical One-Time Expenses

EXPENSE PAID

Mortgage Application
and Appraisal Fee

At time of application

Appraisal Fee

At inspection

Property Inspection (optional)

Closing

Legal Fees

Closing

Legal Disbursements

Closing

Deed and/or mortgage registration

Closing

Property Survey
(sometimes provided by seller)

Closing

Land Transfer, Deed Tax or Property
Purchase Tax (in Quebec within
3 months following signing)

Closing

Mortgage Interest Adjustment and
Take Over Fee (if applicable)

Closing

Adjustments for Fuel, Taxes, etc.

Closing

Mortgage Insurance
(and application fee if applicable)

Closing

Home and Property Insurance

Closing and on-going

Connection charges for utilities
such as gas, water and electricity

Date of move

Moving Expenses

Date of move

 

Other costs may include landscaping, redecorating, furnishings, appliances and repairs.

Typical monthly costs incurred with home ownership are mortgage payments, maintenance, insurance, condo fees, property taxes and utilities.

INVERMERE OFFICE

Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 250.342.5559
492 highway 93/95
(beside Tim Hortons)
Invermere, BC VOA 1K2

FAIRMONT OFFICE

Office: 250.345.4000
Toll Free: 866.345.4004
Fax: 250.345.4001
5005 Fairmont Resort Road
Fairmont Hot Springs, BC VOB 1L1

Royal LePage Rockies West Realty


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