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@posg
Don't forget to add in the CMHC insurance fee which would be about $41,000(3.1% of total loan if down-payment is 10%). It would take a couple years just to pay that fee off before you start paying down the principle.
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cfvgyui
@dwesx
The CMHC insurance fee is a significant upfront cost, amounting to $41,000 or 3.1% of the total loan.
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