Grade 12 Essential: Unit F – House Finance (DL)
Unit F – House Finance Notes. Notes for the Unit.
Unit F House Finance – YouTube Play List – A selection of supporting videos. Select ‘Play All’, sit back, and interact.
NEW. Manitoba Education- Home Finance Support Documents. Some extensive resources including:
Worksheets
Worksheet -House Purchase Exercise (Try on your won, but nothing this detailed on the Final Exam!)
Worksheet – Property Tax (Assgt F-1: Not Hand-in, has the answers! Do this assignment for sure ! On exam.)
Project- Home Purchase Not hand-in, used to do this in-class as a project. Not practicable remotely)
Unit F – House Finance Workbook. A selection of past Exam questions with answers. Or the Mini Version House Finance Workbook to save paper
Unit F – House Finance Review – More Practice Questions!
Closing Costs Template. A template form you can complete for all the costs.
Current Property Tax Statement Example
GDSR Compared to TDSR. Some nice information on the two calculations lenders use.
F-3 Buying-a-Home-in-Manitoba-Booklet. An excellent comprehensive guide on buying a home in Manitoba. As good as the Unit Notes, without examples.
F-5 CANADA MORTGAGE AND HOUSING CORPORATION (CMHC)- Buying A Home. A great site that clearly explains many of the considerations.
CMHC Home Buying Step by Step. Can you afford it? How do you finance it, how to you close the deal, how do you maintain the home, … great concepts.
CMHC – Budget Calculator. On-Line calculator to see if you can afford to buy a home yet. Or maybe rent.
CMHC – Mortgage Calculator. How much are your payments. Of course, exactly the same a when we were calculating Personal Loans and Car Financing. Just higher $ amounts paid off over a longer time.
F- 6 Mortgage Calculators. A selection of mortgage Calculators; what your mortgage will cost; can you afford it.
F-7 Property Tax Links
Property Tax Calculation. City of Winnipeg: How are taxes calculated
City of Winnipeg – Assessment Department . Everything you want to know about property tax in Winnipeg. You can even see a drawing of your street and the value of yours and your neighbour’s home! Or actually see the Assessed Value of any Winnipeg house on a map: Search for a City Property Value.
A Current Sample City of Winnipeg Tax Bill. All the items on a tax bill. Or checkout my exported PDF of the Tax Assessment.
Property Tax Calculator (Free Press). Input: Home Value, School Division, and Frontage! It calculates the actual current taxes for City of Winnipeg.
Property Tax Calculator ( Calculators for Canadians)
Property Tax- How are taxes Calculated. Explains Mill rates, School Taxes, etc.
Manitoba Municipal Government > Manitoba Assessment Online> Property Search. The Manitoba On-Line Property Assessments for all of Manitoba, including farms, towns outside Winnipeg, etc.
Mill Rates 2019. The Property Tax (Municipal and School) tax rates for 2019.
F-8 Real Estate Listings (Realtor.ca). One of dozens of real estate websites. Check out their Tips For Buyers especially. And there is a very substantial Mortgage Calculator.
F-8. Insurance.
Tenant Insurance. Renters should have some Tenant Insurance.
Tenant Insurance (Mb.Gov). Why should tenants buy Tenant Insurance.
Home Insurance. A comprehensive brochure.
Typical Homeowner Insurance Rates. A typical (notional) home insurance Table. Of course an actual insurance policy will be based on lots of factors particular to your home.
F-8 City of Winnipeg Budget(2016). 286 Pages of how the city plans to spend our money.
City of Winnipeg Performance Report. A cute document, tons of statistics and graphs about different planning considerations for the city (just remember what we learned about statistics though!)
City Services, Fees and Taxes. 54 pages on the fees to adopt a dog, get a business licence, tax on billboard advertising, how much to be buried, golf fees, price of an ambulance ride ($512!!), rental of picnic shelters, swimming pool admission, etc. And they all just went up again!
F-9 City of Winnipeg Budget Presentations 2019. Some colourful slides and presentations to figure out!?
F-10 CMHC – Calculating GDSR and TDSR. Calculating a borrower’s debt service ratios
F-12 Residential Tenants Facts Sheet. Everything you need to know about renting in Manitoba from the Residential Tenancies Branch.
F-10 In the News. A selection of news articles related to house purchase
Global News – Millennials Priced out of Housing Market
CBC News: Higher Home Prices and Debt Levels
CBC News: Home ownership only for the rich?