{"id":1785,"date":"2020-06-09T17:51:15","date_gmt":"2020-06-09T21:51:15","guid":{"rendered":"https:\/\/www.prevel.ca\/les-frais-de-la-copropriete\/"},"modified":"2022-10-25T13:42:49","modified_gmt":"2022-10-25T17:42:49","slug":"a-project-for-every-budget","status":"publish","type":"page","link":"https:\/\/www.prevel.ca\/en\/budget","title":{"rendered":"A Project for Every Budget"},"content":{"rendered":"<div class=\"wp-block-media-text alignfull is-stacked-on-mobile is-vertically-aligned-center alignwide page-top has-background\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1402\" height=\"1164\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg\" alt=\"\" class=\"wp-image-1013477 size-full\" style=\"--width:1402px\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg 1402w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x-300x249.jpg 300w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x-1024x850.jpg 1024w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x-768x638.jpg 768w\" sizes=\"auto, (max-width: 1402px) 100vw, 1402px\" \/><\/figure><div class=\"wp-block-media-text__content\"> <h1 class=\"h2 wp-block-heading\">A Project for Every Budget<\/h1>    <p class=\"has-large-font-size wp-block-paragraph\">Your preferences will determine where you choose to live, but so will your borrowing capacity. Be sure to keep the following in mind when calculating what you can afford.<\/p> <\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">The costs involved for the purchase include:<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>A <strong>down payment<\/strong> of 5% to 10% of the total condo sales price.<\/li><li>If your down payment is less than 20% of the total condo price, you will need loan insurance on your mortgage, which requires that you pay a <strong>9% tax<\/strong> on this insurance at the outset.<\/li><li><strong>Notary fees, <\/strong>which can vary between $1,000 and $2,000.<\/li><\/ul>\n\n\n<div class=\"wp-block-buttons  flex items-center mb-8 last:mb-0 flex-wrap\">\n    <a class=\"button button--fill inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-4 pt-[14px] px-7 rounded bg-secondary\" href=\"https:\/\/www.cmhc-schl.gc.ca\/en\/finance-and-investing\/mortgage-loan-insurance\/homebuying-calculators\/affordability-calculator\" target=\"\" >   <span class=\"relative z-10\">   Calculate your borrowing capacity <\/span>     <\/a>      \n  <\/div>\n\n\n\n<h3 class=\"wp-block-heading\">The recurring after-purchase expenses include:<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Your <strong>mortgage loan<\/strong>, which will need to be paid at the frequency you agreed to with your bank (monthly, bimonthly, etc.).<\/li><li>Monthly<strong> condo fees<\/strong>, which vary by property and are based on the square footage of your unit.<\/li><li><strong>Municipal <\/strong>and<strong> school taxes<\/strong>, which are calculated based on the value of your condo and the city where you live.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to these expenses, every new owner must pay a municipal property transfer tax (also known as <strong>the \u201cwelcome\u201d tax<\/strong>) in the months following the purchase of their home. The amount will vary according to the purchase price of the residence and the municipality where the property is located.<\/p>\n\n\n<div class=\"wp-block-buttons  flex items-center mb-8 last:mb-0 flex-wrap\">\n    <a class=\"button button--fill inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-4 pt-[14px] px-7 rounded bg-secondary\" href=\"http:\/\/www.calculconversion.com\/home.html\" target=\"\" >   <span class=\"relative z-10\">   Calculate your welcome tax <\/span>     <\/a>      \n  <\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Incentives to purchase<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There are a number of programs available\u2014like the <strong>Home Buyers\u2019 Plan<\/strong> (HBP)\u2014that enable those who have not been homeowners in the last five years to withdraw up to $25,000 from their RRSP to finance their property, without penalty. You then have 15 years to reimburse the funds.<\/p>\n\n\n<div class=\"wp-block-buttons  flex items-center mb-8 last:mb-0 flex-wrap\">\n    <a class=\"button button--fill inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-4 pt-[14px] px-7 rounded bg-secondary\" href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/individuals\/topics\/rrsps-related-plans\/what-home-buyers-plan\/participate-home-buyers-plan.html\" target=\"\" >   <span class=\"relative z-10\">   Learn more about the HBP <\/span>     <\/a>      \n  <\/div>\n\n\n\n<p class=\"wp-block-paragraph\">You may even be eligible for a <strong>partial tax rebate <\/strong>on the purchase of a new condo.<\/p>\n\n\n<div class=\"wp-block-buttons  flex items-center mb-8 last:mb-0 flex-wrap\">\n    <a class=\"button button--fill inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-4 pt-[14px] px-7 rounded bg-secondary\" href=\"https:\/\/www.revenuquebec.ca\/en\/online-services\/forms-and-publications\/current-details\/in-205-v\/\" target=\"\" >   <span class=\"relative z-10\">   &nbsp;&nbsp;Learn more about QST and GST rebates <\/span>     <\/a>      \n  <\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, if you are a first-time buyer, you may also be able to take advantage of the <strong>Home Purchase Assistance Plan<\/strong>\u2014a program jointly funded by the City of Montr\u00e9al and Quebec government.<\/p>\n\n\n<div class=\"wp-block-buttons  flex items-center mb-8 last:mb-0 flex-wrap\">\n    <a class=\"button button--fill inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-4 pt-[14px] px-7 rounded bg-secondary\" href=\"http:\/\/ville.montreal.qc.ca\/portal\/page?_pageid=9437,143036185&amp;_dad=portal&amp;_schema=PORTAL\" target=\"\" >   <span class=\"relative z-10\">   See if you\u2019re eligible for a subsidy from the City of Montr\u00e9al <\/span>     <\/a>      \n  <\/div>\n\n\n<div class=\"block share align flex items-center mt-14 mb-20 md:mb-48\" id=\"block_681f7d81635006e0d4155ad3c065c299\">\n  <div class=\"text-base text-dark\/70 mr-7\">\n    Share\n  <\/div>\n  <div class=\"text-primary\">\n    <button class=\"mr-4\" data-sharer=\"facebook\" data-url=\"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1785\">\n      <span class=\"inline-block icon icon--facebook\">\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"9\" height=\"16\" viewBox=\"0 0 9 16\"><path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M7.69942753,0.00312101745 L5.78034348,0 C3.62457305,0 2.23100977,1.54573591 2.23100977,3.93768368 L2.23100977,5.75349164 L0.301342185,5.75349164 C0.135276856,5.75349164 0,5.89893105 0,6.07932586 L0,8.71034357 C0,8.88990611 0.135276856,9.03617779 0.301342185,9.03617779 L2.23100977,9.03617779 L2.23100977,15.6741658 C2.23100977,15.8537283 2.36628662,16 2.53312166,16 L5.04969452,16 C5.21672199,16 5.35180642,15.8537283 5.35180642,15.6741658 L5.35180642,9.03617779 L7.60763939,9.03617779 C7.77466686,9.03617779 7.909174,8.88990611 7.909174,8.71034357 L7.91071343,6.07932586 C7.91071343,5.99318578 7.87838553,5.91037478 7.82200414,5.84857864 C7.76562274,5.78761476 7.68884399,5.75349164 7.6084091,5.75349164 L5.35180642,5.75349164 L5.35180642,4.21420583 C5.35180642,3.4745247 5.51498533,3.09896226 6.40573435,3.09896226 L7.69865781,3.09812999 C7.86549286,3.09812999 8,2.95185831 8,2.77229577 L8,0.329995579 C8,0.149392702 7.86549286,0.00395328877 7.69942753,0.00312101745\" transform=\"translate(.5)\"\/><\/svg>\n<\/span>\n    <\/button>\n    <button class=\"mr-4\" data-sharer=\"twitter\" data-title=\"\" data-url=\"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1785\">\n      <span class=\"inline-block icon icon--twitter\">\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"14\" viewBox=\"0 0 18 14\"><path fill=\"currentColor\" d=\"M17,1.65642029 C16.3743045,1.93750792 15.7029423,2.12813833 14.9975523,2.21324472 C15.7178035,1.77596913 16.2691377,1.08238872 16.5304437,0.258473323 C15.8548315,0.663418618 15.1090802,0.95746089 14.3144678,1.11685934 C13.6781612,0.428657927 12.7730764,0 11.7691859,0 C9.84323831,0 8.28165242,1.58319839 8.28165242,3.53473112 C8.28165242,3.81150992 8.31245803,4.08183956 8.37195812,4.34034105 C5.47400894,4.19277075 2.9043103,2.78513595 1.18444638,0.646183308 C0.883807,1.16746694 0.712778942,1.77487081 0.712778942,2.42325077 C0.712778942,3.64997113 1.32891884,4.73235986 2.2637537,5.36561668 C1.69222499,5.34624104 1.15469633,5.18684259 0.684112229,4.92189194 L0.684112229,4.96605038 C0.684112229,6.67848543 1.88664197,8.10766436 3.48114458,8.43293859 C3.18900521,8.51263782 2.88094915,8.55679626 2.56225419,8.55679626 C2.33705937,8.55679626 2.11928124,8.53418196 1.90575311,8.49109368 C2.34978162,9.89658814 3.6373115,10.9186533 5.16278621,10.9466747 C3.96981204,11.8944478 2.46558736,12.4577214 0.831779137,12.4577214 C0.550278677,12.4577214 0.273000446,12.4404861 0,12.4092541 C1.5435303,13.4141121 3.37600552,14 5.34550873,14 C11.7607414,14 15.2674138,8.61281102 15.2674138,3.94077474 L15.2557194,3.48305335 C15.9408872,2.98759452 16.5336381,2.36509568 17,1.65642029 Z\" transform=\"translate(.5)\"\/><\/svg>\n<\/span>\n    <\/button>\n    <button class=\"mr-4\" data-sharer=\"linkedin\" data-url=\"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1785\">\n      <span class=\"inline-block icon icon--linkedin\">\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"15\" height=\"14\" viewBox=\"0 0 15 14\"><path fill=\"currentColor\" d=\"M14,8.58338889 L14,14 L10.9993467,14 L10.9993467,8.94616085 C10.9993467,7.67659525 10.5653345,6.81016637 9.47919752,6.81016637 C8.65006963,6.81016637 8.15665505,7.39407594 7.93958388,7.95891018 C7.86042402,8.1608362 7.84004817,8.44189079 7.84004817,8.72454635 L7.84004817,14 L4.83838583,14 C4.83838583,14 4.87881204,5.44045528 4.83838583,4.55362261 L7.83975523,4.55362261 L7.83975523,5.8926088 C7.83366851,5.90262334 7.82575904,5.91342135 7.82003036,5.92312933 L7.83975523,5.92312933 L7.83975523,5.8926088 C8.2385165,5.24987226 8.95066226,4.33170155 10.5446658,4.33170155 C12.5195284,4.33170155 14,5.68182637 14,8.58338889 Z M1.69851924,0 C0.671654457,0 0,0.704867616 0,1.63179255 C0,2.53851806 0.652222535,3.2647773 1.65867892,3.2647773 L1.67872928,3.2647773 C2.72548167,3.2647773 3.37646733,2.53865431 3.37646733,1.63179255 C3.35674247,0.704867616 2.72548167,0 1.69851924,0 Z M0.178272424,14 L3.17879554,14 L3.17879554,4.55362261 L0.178272424,4.55362261 L0.178272424,14 Z\" transform=\"translate(.5)\"\/><\/svg>\n<\/span>\n    <\/button>\n    <button class=\"mr-4\" data-sharer=\"email\" data-url=\"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1785\" data-title=\"\" data-to=\"\" data-subject=\"\">\n      <span class=\"inline-block icon icon--email\">\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"12\" viewBox=\"0 0 18 12\"><path fill=\"#EE3124\" d=\"M1.31707317,0 C1.05818049,0 0.820558537,0.0802188679 0.617378049,0.212264151 L8.41006098,7.01181057 C8.76679024,7.32342566 9.24756585,7.32338038 9.60365854,7.01181057 L17.382622,0.212264151 C17.1794415,0.0802188679 16.9418195,0 16.6829268,0 L1.31707317,0 Z M0.0754682927,0.912724528 C0.0284926829,1.05264906 0,1.20169811 0,1.35849057 L0,10.4151011 C0,10.6879087 0.0794853659,10.9385728 0.212663415,11.1509502 L5.78963415,5.90803698 L0.0754682927,0.912724528 Z M17.9245317,0.912724528 L12.2240854,5.90095019 L17.7873366,11.1509502 C17.9205146,10.9385728 18,10.6879087 18,10.4151011 L18,1.35849057 C18,1.20169811 17.9715073,1.05264906 17.9245317,0.912724528 Z M11.5518293,6.49528981 L10.1661585,7.70518415 C9.4959878,8.29164453 8.51097073,8.29078415 7.8407122,7.70518415 L6.46189024,6.5023766 L0.926078049,11.7099238 C1.04994878,11.7494785 1.18027317,11.7735917 1.31707317,11.7735917 L16.6829268,11.7735917 C16.8197268,11.7735917 16.9500512,11.7494785 17.073922,11.7099238 L11.5518293,6.49528981 Z\" transform=\"translate(0 .082)\"\/><\/svg>\n<\/span>\n    <\/button>\n  <\/div>    \n<\/div>\n\n<div class=\"wp-block-group buying-astuces has-light-grey-background-color has-background wp-block-group--has-articles-carousel\"><div class=\"wp-block-group__content\"><div class=\"wp-block-group__content__inner\"><div class=\"wp-block-columns are-vertically-aligned-bottom wp-block-columns--count-2\"> <div class=\"wp-block-column is-vertically-aligned-bottom\"> <h2 class=\"wp-block-heading\">More tips<\/h2> <\/div>    <div class=\"wp-block-column is-vertically-aligned-bottom has-tablet-text-align-left has-mobile-text-align-left\"><div class=\"wp-block-buttons has-mobile-text-align-left  justify-end flex items-center mb-8 last:mb-0 flex-wrap\">     <a class=\"button button--underline inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-[3px] relative after:block after:absolute after:left-0 after:bottom-0 after:w-full after:bg-dark after:h-px after:scale-100 after:origin-right after:transition-transform hover:after:scale-x-0 hover:after:origin-left !inline\" href=\"https:\/\/www.prevel.ca\/en\/buyers-guide\" target=\"\" >   <span class=\"relative z-10\">   Back to tips <\/span>     <\/a>         <\/div> <\/div> <\/div>  <div class=\"block articles-carousel align relative md:px-14 xl:px-0\" id=\"block_6e525dde730490f153c700a3a7c26c10\">       <div class=\"swiper mobile:w-[calc(100%+var(--block-lr-padding))]\">       <div class=\"swiper-wrapper\">                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/buyers-guide\/steps\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/etapes-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/etapes-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/etapes-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1722px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 Purchase steps               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/abcs-co-ownership-life\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-copropriete@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"copropri\u00e9t\u00e9\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-copropriete@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-copropriete@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The ABCs of Co-Ownership Life               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/divided-co-ownership-rules\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 Divided Co-Ownership Rules               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/choosing-your-condo\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-condo@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-condo@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-condo@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 Choosing Your Condo               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/benefits-buying-off-plan\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-plan2@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-plan2@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-plan2@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The Benefits of Buying Off Plan               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/phases-of-construction\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel_guide-achat-construction-header-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"La construction en bref\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel_guide-achat-construction-header-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel_guide-achat-construction-header-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1880px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The Phases of Construction               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/choice-of-the-finishes\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-finition@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-finition@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-finition@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The Choice of the Finishes               <\/h3>              <\/a>           <\/div>                        <\/div>     <\/div>     <div class=\"absolute hidden transition-opacity -translate-y-1\/2 cursor-pointer -left-2 opacity-40 hover:opacity-100 xl:-left-[70px] md:block top-1\/2 articles-carousel__prev\">       <span class=\"inline-block icon icon--gallery-prev !block\">   <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"50\" height=\"50\" viewbox=\"0 0 50 50\"><g fill=\"none\" fill-rule=\"evenodd\" transform=\"matrix(-1 0 0 1 50 0)\"><circle cx=\"25\" cy=\"25\" r=\"24.5\" stroke=\"#000\"\/><polygon fill=\"#000\" fill-rule=\"nonzero\" points=\"14 11.678 13.224 10.885 7.554 16.549 7.554 0 6.446 0 6.446 16.549 .77 10.885 0 11.678 7 18.667\" transform=\"rotate(-90 22.667 8.333)\"\/><\/g><\/svg> <\/span>     <\/div>     <div class=\"absolute hidden transition-opacity -translate-y-1\/2 cursor-pointer -right-2 opacity-40 hover:opacity-100 xl:-right-[70px] md:block top-1\/2 articles-carousel__next\">       <span class=\"inline-block icon icon--gallery-next !block\">   <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"50\" height=\"50\" viewbox=\"0 0 50 50\"><defs><clippath id=\"gallery-next-a\"><path d=\"M7.554,0 L7.554,16.549 L13.224,10.885 L14,11.678 L7,18.667 L0,11.678 L0.77,10.885 L6.446,16.549 L6.446,0 L7.554,0 Z\"\/><\/clippath><\/defs><g transform=\"translate(.5 .5)\"><path fill=\"none\" stroke=\"#000\" stroke-miterlimit=\"10\" d=\"M24.5,49 C38.0309764,49 49,38.0309764 49,24.5 C49,10.9690236 38.0309764,0 24.5,0 C10.9690236,0 0,10.9690236 0,24.5 C0,38.0309764 10.9690236,49 24.5,49 Z\"\/><g clip-path=\"url(#gallery-next-a)\" transform=\"rotate(-90 22.167 8.333)\"><polygon points=\"0 0 14 0 14 18.667 0 18.667 0 0\"\/><\/g><\/g><\/svg> <\/span>     <\/div>   <\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Project for Every Budget Your preferences will determine where you choose to live, but so will your borrowing capacity. Be sure to keep the following in mind when calculating what you can afford. The costs involved for the purchase include: A down payment of 5% to 10% of the total condo sales price. If&hellip;<\/p>\n","protected":false},"author":30,"featured_media":1013477,"parent":1817,"menu_order":44,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":1,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"class_list":["post-1785","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Proper budget assessment for a condo purchase | Pr\u00e9vel<\/title>\n<meta name=\"description\" content=\"Pr\u00e9vel helps you understand the expenses related to buying a new condo and guides you in making the right decision with regard to your borrowing capacity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.prevel.ca\/en\/budget\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proper budget assessment for a condo purchase | Pr\u00e9vel\" \/>\n<meta property=\"og:description\" content=\"Pr\u00e9vel helps you understand the expenses related to buying a new condo and guides you in making the right decision with regard to your borrowing capacity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.prevel.ca\/en\/budget\" \/>\n<meta property=\"og:site_name\" content=\"Pr\u00e9vel\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-25T17:42:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1402\" \/>\n\t<meta property=\"og:image:height\" content=\"1164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget\",\"url\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget\",\"name\":\"Proper budget assessment for a condo purchase | Pr\u00e9vel\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.prevel.ca\\\/wp-content\\\/uploads\\\/prevel-guide-achat-budget@2x.jpg\",\"datePublished\":\"2020-06-09T21:51:15+00:00\",\"dateModified\":\"2022-10-25T17:42:49+00:00\",\"description\":\"Pr\u00e9vel helps you understand the expenses related to buying a new condo and guides you in making the right decision with regard to your borrowing capacity.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget#primaryimage\",\"url\":\"https:\\\/\\\/www.prevel.ca\\\/wp-content\\\/uploads\\\/prevel-guide-achat-budget@2x.jpg\",\"contentUrl\":\"https:\\\/\\\/www.prevel.ca\\\/wp-content\\\/uploads\\\/prevel-guide-achat-budget@2x.jpg\",\"width\":1402,\"height\":1164},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/budget#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.prevel.ca\\\/en\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buying tips\",\"item\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/buyers-guide\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"A Project for Every Budget\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/\",\"name\":\"Pr\u00e9vel\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/#organization\",\"name\":\"Pr\u00e9vel\",\"url\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.prevel.ca\\\/wp-content\\\/uploads\\\/icon-logo.svg\",\"contentUrl\":\"https:\\\/\\\/www.prevel.ca\\\/wp-content\\\/uploads\\\/icon-logo.svg\",\"width\":122,\"height\":33,\"caption\":\"Pr\u00e9vel\"},\"image\":{\"@id\":\"https:\\\/\\\/www.prevel.ca\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Proper budget assessment for a condo purchase | Pr\u00e9vel","description":"Pr\u00e9vel helps you understand the expenses related to buying a new condo and guides you in making the right decision with regard to your borrowing capacity.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.prevel.ca\/en\/budget","og_locale":"en_US","og_type":"article","og_title":"Proper budget assessment for a condo purchase | Pr\u00e9vel","og_description":"Pr\u00e9vel helps you understand the expenses related to buying a new condo and guides you in making the right decision with regard to your borrowing capacity.","og_url":"https:\/\/www.prevel.ca\/en\/budget","og_site_name":"Pr\u00e9vel","article_modified_time":"2022-10-25T17:42:49+00:00","og_image":[{"width":1402,"height":1164,"url":"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.prevel.ca\/en\/budget","url":"https:\/\/www.prevel.ca\/en\/budget","name":"Proper budget assessment for a condo purchase | Pr\u00e9vel","isPartOf":{"@id":"https:\/\/www.prevel.ca\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.prevel.ca\/en\/budget#primaryimage"},"image":{"@id":"https:\/\/www.prevel.ca\/en\/budget#primaryimage"},"thumbnailUrl":"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg","datePublished":"2020-06-09T21:51:15+00:00","dateModified":"2022-10-25T17:42:49+00:00","description":"Pr\u00e9vel helps you understand the expenses related to buying a new condo and guides you in making the right decision with regard to your borrowing capacity.","breadcrumb":{"@id":"https:\/\/www.prevel.ca\/en\/budget#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.prevel.ca\/en\/budget"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.prevel.ca\/en\/budget#primaryimage","url":"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg","contentUrl":"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x.jpg","width":1402,"height":1164},{"@type":"BreadcrumbList","@id":"https:\/\/www.prevel.ca\/en\/budget#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.prevel.ca\/en"},{"@type":"ListItem","position":2,"name":"Buying tips","item":"https:\/\/www.prevel.ca\/en\/buyers-guide"},{"@type":"ListItem","position":3,"name":"A Project for Every Budget"}]},{"@type":"WebSite","@id":"https:\/\/www.prevel.ca\/en\/#website","url":"https:\/\/www.prevel.ca\/en\/","name":"Pr\u00e9vel","description":"","publisher":{"@id":"https:\/\/www.prevel.ca\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.prevel.ca\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.prevel.ca\/en\/#organization","name":"Pr\u00e9vel","url":"https:\/\/www.prevel.ca\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.prevel.ca\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.prevel.ca\/wp-content\/uploads\/icon-logo.svg","contentUrl":"https:\/\/www.prevel.ca\/wp-content\/uploads\/icon-logo.svg","width":122,"height":33,"caption":"Pr\u00e9vel"},"image":{"@id":"https:\/\/www.prevel.ca\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/comments?post=1785"}],"version-history":[{"count":0,"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1785\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/media\/1013477"}],"wp:attachment":[{"href":"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/media?parent=1785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}