Monthly Outgoings
Jun 17th 2009, 4:31 am
#31
Bring on the snow!
Joined: Jan 2006
Location: Chicago, IL
Posts: 1,420
Re: Monthly Outgoings
The car insurance is probably only a little bit high, and Medicare is $108/mth for a family of 3+
Jun 17th 2009, 4:36 am
#32
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Joined: Aug 2007
Location: North
Posts: 1,357
Re: Monthly Outgoings
I gotta move my mortgage. TD does indeed say that. Why would the RBC be so out of whack ?
Although, my bi weekly payments also include my property tax, so it isn't that bad. What I'm confused about is the RBC website.
EDIT It's ok.....I'm looking at the wrong column....panic over.
You can tell I work in I.T. can't you ?!?!?!??
Although, my bi weekly payments also include my property tax, so it isn't that bad. What I'm confused about is the RBC website.
EDIT It's ok.....I'm looking at the wrong column....panic over.
You can tell I work in I.T. can't you ?!?!?!??
Aren't you in testing as well?? 
Jun 17th 2009, 4:40 am
#33
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Joined: Jun 2005
Location: Fredericton, New Brunswick CA
Posts: 8,309
Re: Monthly Outgoings
Try London Ontario. $240,00O buy you a massive house. 10 largest city in Canada. Nice houses start at $120,000. You can even find houses as low as $70,000 that only need cosmetic work too. I thought about moving there once. But Toronto won me over....LOL....
No it is not a town house. It is a house in High Park. I put 70% down. I can get a townhouse with 0 down for 1200 month so......but I don't like townhouses. it took awhile but you can buy nice house in Toronto. between 240,000-300,000 but you have to do a bit work. I look over 40 houses before this one. it on the border of etobicoke and high park.
http://www.realtor.ca/PropertyResult...of=1&ps=50&o=A
But really it should cost no more than 2,000 a month to live in Toronto. Anymore than that what is the point. You might as well live in London England......
No it is not a town house. It is a house in High Park. I put 70% down. I can get a townhouse with 0 down for 1200 month so......but I don't like townhouses. it took awhile but you can buy nice house in Toronto. between 240,000-300,000 but you have to do a bit work. I look over 40 houses before this one. it on the border of etobicoke and high park.
http://www.realtor.ca/PropertyResult...of=1&ps=50&o=A
But really it should cost no more than 2,000 a month to live in Toronto. Anymore than that what is the point. You might as well live in London England......
Jun 17th 2009, 4:41 am
#35
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Location: Fredericton, New Brunswick CA
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Jun 17th 2009, 5:03 am
#37
Procrastinating
Joined: Nov 2007
Location: Calgary, Canada
Posts: 475
Re: Monthly Outgoings
Just looking at my numbers and with a current family of 3 and a bigger mortgage than you plan on getting we are spending around $4,500/mth before any savings.
Quick breakdown:
Mortgage - $2200
Cable & Phone (Vonage & Shaw in Calgary) - $140
Groceries, Superstore and Co-op - $1000
Petrol - $100 though neither of us drives to work
Gas & Electricity - $300
Home $ Car Insurance - $240 ($80 house, $160 car)
Car Payments - $350
Property tax - $150
This doesn't include any fun stuff and is just the basic household budget month to month. Estimates for you have don't seem too far off.
Still intrigued to find out how someone can live for $1000 or less that was posted earlier in the thread.
Quick breakdown:
Mortgage - $2200
Cable & Phone (Vonage & Shaw in Calgary) - $140
Groceries, Superstore and Co-op - $1000
Petrol - $100 though neither of us drives to work
Gas & Electricity - $300
Home $ Car Insurance - $240 ($80 house, $160 car)
Car Payments - $350
Property tax - $150
This doesn't include any fun stuff and is just the basic household budget month to month. Estimates for you have don't seem too far off.
Still intrigued to find out how someone can live for $1000 or less that was posted earlier in the thread.
Jun 17th 2009, 5:06 am
#40
Joined: Jan 2007
Posts: 11,272
Re: Monthly Outgoings
Jun 17th 2009, 6:16 am
#43
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Thread Starter
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Location: Calgary, Alberta
Posts: 299
Jun 17th 2009, 7:11 am
#44
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Posts: 362
Re: Monthly Outgoings
Last edited by Essex_Man; Jun 17th 2009 at 7:37 am.
Jun 17th 2009, 7:13 am
#45
Joined: Jan 2007
Posts: 11,272
Re: Monthly Outgoings
Yes all the utilities. Heat-Water-TV-Computer - House Insurance - The shopping and petrol probably another $800 at a guess. I don't count insurance as house cost or going out either or shopping. Those all options we can live without. accept perhaps food. So I don't count them as utilities. That my monthly out goings
