HOW MUCH DO I NEED DOWN TO BUY A HOME IN ONTARIO CANADA?

🚨 Buying a Home? Here’s What You Need for a Down Payment in Ontario! 🚨

Thinking about buying but not sure how much you need to save? Here’s the breakdown:

✅ Up to $500,000 → Minimum 5% down
✅ $500,000 - $1.5M → 5% on the first $500K, 10% on the rest
✅ Over $1.5M → 20% down required (no CMHC insurance)

The more you put down, the lower your monthly mortgage and interest costs! And if you’re a first-time buyer, there are programs to help make homeownership more affordable.

💬 Have questions? Thinking about buying? Let’s chat—I’d love to help! #RealEstate #HomeBuying #OntarioRealEstate