Down payment requirements vary based on the purchase price and buyer profile. Our team helps you understand your options and connect with mortgage experts to find the best solution. To buy a house in Ontario, your minimum down payment depends on the price but here is your cheat sheet:
- 5% for homes up to $500K
- 10% on the portion above $500K- $1.5M
- 20% for homes above $1.5M or more
Consult Save Max Ottawa today to explore your payment and mortgage options.