How Do I Calculate My Required Down Payment?

Author: Boychuk Mortgage Group |

  • If you’re using the equity in your home for the down payment on your next home, this may seem complicated at first glance. We will work with you to help calculate the total remaining equity in your home after all expenses are accounted for.
  • We will then put a detailed plan in place to help you qualify and set you up in a mortgage product that offers you optimal flexibility with a payment you’re most comfortable with.