86 Checkerberry Crescent
Sandringham-Wellington, Brampton
$999,000
Great Opportunity To Own A Home In Most Desirable Area!!All Brick 3+2 Semi Detached House AtBest Location Close To Trinity Mall!!Finished Basement With Separate Entrance !!double doorEntrance,9 Ft Ceiling In Main Floor & 17 Ft In Living Area, Separate Family Room, Hardwood On Main Floor, Pot Lights, Up Graded Light Fixtures, Crystal Chandelier, Fully Up Graded Kitchen With Granite Counter Top, S/S Appl, Backsplash, All House Freshly Painted In Soft Tones, Extremely Clean And Tidy. Brampton Top Ranking School On Your Walking Distance, Close To Mosque, Gurdwara, Brampton Soccer Ground, Park And Public Transit. 2 Mints 410 Hwy.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $452
- Heat allowance
- $150
- Housing costs
- $5,716 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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