2023

change in market – price and costs analysis

Purchase Land Transfer Tax 20% Down       MTG Rate % Monthly Payment Dec  2021 $1,644,000 $ 29,355 $328,800 $1,315,200 2.5% $5,187.80 Dec  2022 $1,403,000 $24,535 $280,000 $1,122,400 6.3% $6,888.10 $1,700.30   Save $241,000 $4,820 $48,200 -$40,807   In this senario :   The buyer will save $245,820 The...

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