Once you have figured out the home price range you can afford and the type of mortgage you qualify for, you will need to calculate all of the associated costs of the transaction to make sure you are financially ready.Upfront Costs -
You will need to plan ahead to cover the many up-front costs of buying a home. Timing is important to help make sure things go smoothly.
If you feel you cannot cover all of the up-front costs, you can ask your lender for a loan !Other Costs
Besides up-front costs, there are other expenses to consider:
Visit www.cmhc.ca to use the Home Purchase Cost Estimate Table to estimate your homebuying costs.