https://tools.td.com/mortgage-affordability-calculator/
How much can you afford?
https://tools.td.com/mortgage-affordability-calculator/
Estimate these expenses before calculating
Property Tax calculator
https://www.toronto.ca/services-payments/property-taxes-utilities/property-tax/property-tax-calculator/
Expenses | Monthly Payment |
Heat | |
Hydro (electricity) | |
Property Tax (use link above) | |
Food | |
Miscellaneous expenses (clothing, haircut, entertainment, medicine) | |
Transportation (get a TTC pass) | |
Cell phone and internet | |
Other expenses | |
Your job
1. Start from Ontario minimum wage, $15/hour, 45 hours per week, 52 weeks in a year
2. You get a promotion, now making $25/hour, 45 hours per week, 52 weeks in a year
3. You get an extra job on top of Job 2, being an Uber Driver in the evening, earning an extra $250 per week
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