2 Oaklea Boulevard
Fletcher's Creek South, Brampton
$999,000
Beautiful 2400sqft Detached Corner Lot House !! In Most Demanding Area of Raylawson & Mclaughlin !!It Offers 4 spacious bedrooms!!2 Full Baths Upstairs!! Along With Sitting Area On The Second Floor!!Spacious Living And Dining !! Good Size Family Room Offers Fireplace!! Huge Foyer!! Brand New Kitchen!! Main Floor Tiles!!New Powder Room!! Master Washroom is Newly Upgraded!!Double Car Garage !! 3 Car Parking Driveway!! 2 Bdrms Legal Basement Apartment!!
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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
- $612
- Heat allowance
- $150
- Housing costs
- $5,875 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$181,000
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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