60 Pennsylvania Avenue
Fletcher's Creek South, Brampton
$899,000
** Entire house including New legal basement with seperate enterance, extensively Renovated & Move-In Ready! ** $$$$ Spent On Quality Upgrades! Spacious ** 3+1 Bedroom, 3-Washroom Fully Detached 2-Storey Home ** In A Highly Desirable Brampton Location, Close To The Brampton & Mississauga Border. ** Features A Large Primary Bedroom With Semi-Ensuite & His/Her Closets. ** Big Backyard with Deck. ** Brand-New Kitchen With Quartz Countertops & Stainless Steel Appliances. ** Bright, Spacious & Meticulously Maintained Throughout. ** Conveniently Located Near Sheridan College, Hwy 407 & 410, Shopping, Schools & Public Transit. **A Must-See Home!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $490
- Heat allowance
- $150
- Housing costs
- $5,241 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$161,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
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