Closing Costs
PURCHASE PRICE. $______________.
If a New Home , Add G.S.T. $______________.
First mortgage Principal Amount.....................$__________.
Second mortgage Principal Amount.................$__________.
Total of all mortgages(not CMHC premium.).$__________.
Down payment required(before adding closing costs) $______________.
Lawyers fee $______________.
Disbursement(est $300.00+) $______________.
Land transfer Tax $______________.
Home Inspection Cost ($250-375) $______________.
Land Survey ($750-$1200) $______________.
Mortgage Application/Appraisal Fees(est$250) $______________.
CMHC Insurance Premium +GST. $______________.
(Can be added to Mortgage amount)CMHC Home Owner's Insurance
Premium ($350-$500/yr.)
$______________.
Miscellaneous Adjustments(ie:fuel oil) $______________.
Realty Tax Adjustment $______________.
Mortgage Date Interest Adjustment $______________.
Total all closing Costs $______________.
Total Cash Required for Closing $______________.
Less Deposit Already Paid With Your Offer $______________.
Net Cash Required Two Days Prior to closing $______________.
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