Save from the Start by Financing Your U.S. Home
When you finance vs. paying all cash, your initial costs are limited to a down payment and closing costs. This preserves your Canadian equity and assets — and saves you thousands of dollars in one-time, upfront foreign exchange costs.
Cash Needed at Closing
If you finance...
(For 20% down payment and 2.5% closing costs, when converting your CAD to USD.)
If you pay cash...
(For the full purchase price, when converting your CAD to USD.)
This calculator assumes an exchange rate of: US$1/C$ 0.76, a 20% down payment and 2.5% in closing costs. Note: Foreign exchange rates are subject to change at a moment’s notice.