New2 hours ago
8 Banner Road
Brampton West, Brampton
$940,000
Detached|2-Storey
4 | 3 | 4
About this home
Excellent Maintained Home In Heart Of Brampton **New Carpet, Mirrored Closet**Open Concept Layout* Fully Fenced Back Yard. Located On A Quiet Street Few Steps From School And Shopping. Main Floor Laminated Recently. Finished Basement with 2 bedroom apartment
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,703 |
| Lot Size | 28.1 ft x 103.54 ft |
| mls© Number | W14017108 |
| Listed By | LPT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,811
- Property tax
- $475
- Heat allowance
- $150
- Housing costs
- $5,437 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $188,000
25-yr amortization
Income needed
$167,000
gross annual household income
- Payment at 4%
- $3,956 / mo
- Cash down
- $188,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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