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To purchase a home in Ontario, a buyer must make a down payment of at least guy. it the home costs $500 000 on less.

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To purchase a home in Ontario, a buyer must make a down payment of at least guy. it the home costs $500 000 on less. use the MLS website to find a condominium on home in the GTHA that easts less than $500,080. Determine the amount at the 5% down payment. use the FV formula to bigwe out your monthly periodic deposits into an investment account that pays six interest, withalo year term, Add this monthly deposit amount to your budget. what are your total monthy casts a 2 is there a way to lower your monthly costs 9 How much money would you need to cover this new monthly budget ? Based on your wage calculations in part A, do you make enough to cover this new budget a

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