Minimum Down Payments To Buy A Home In London
Minimum Down Payments To Buy A Home In London. Here is what you need to know
The minimum down payment structure in Ontario is as follows
$0 – $500,000 – Min Down Payment is 5%
$500,000 – $999,999 – 10% on all amount above the $500,000 mark ( Plus your 5% from the first $500,000)
Anything over $1,000,000 is the full 20%.
How does that translate to London prices? Let’s take a look.
How Can We Help?
Are you ready to sell or start searching for your new home?
Let’s set up a time to chat. We are happy to meet in person or virtually.