Fiscal Agents Financial Tools
To help you with understanding the
type costs you may encounter. We've prepared this financing guide to help
you lay down on paper the implications of purchasing and budgeting for your
first home or selling an existing home and buying another.
Home ownership and what it costs
out how much you'll need for home ownership
Mortgages are by far the
largest source of personal debt in Canada. For most of us, mortgage payments
are the single largest household expense we encounter, every month, for
most of our lives. The average home owner allocates over 32% of his/her
lifetime income to paying off mortgage loans.