This is a question that we get asked on a regular basis. Check out this link provided by Industry Canada and fill in ALL the blanks. It is important that you enter all your costs and also reinvest your savings. The calculator will also show you the result if you do not reinvest your savings.
http://www.ic.gc.ca/eic/site/oca-bc.nsf/eng/ca01821.html
Home ownership historically has been a builder of wealth for many people in the past and continues to be a mainstay and goal of many Canadians.
The Pearce Team
Let's discuss your next home sale or purchase, with no obligation.
11933 - 224th Street, Maple Ridge, B.C. V2X 6B2
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