10/25/2026
A one-point rate move doesn't change the price of a house. It changes how much house your payment can reach. 🏡
Illustrative example: a $600K mortgage over 25 years. Going from 4% to 5% adds roughly $335 a month. Same house. Same asking price. Different monthly.
Flip it around and it's your ceiling that moves — hold the payment steady and it borrows tens of thousands less.
Comment "RATECOST" or send me a message and I'll send it over.
Serving Mississauga, Brampton, Milton and the wider GTA.
Praveen Monga · Realtor · The Miracle Group
Homelife Miracle Realty Ltd. · 647-707-0311
www.myhomeinontario.com