4 Financial Tips for the First Time Home Buyer

New to the market and looking to buy your first home in Calgary?

We want to make your home journey a stress-free experience! But before you start your search, it’s a good idea to educate yourself on the financial aspects of buying a home.

With our easy-to-read guide, you can start building your financial knowledge with these helpful tips:

• Learn how much your housing costs should be relative to your income.
• The difference between an open mortgage and a closed mortgage.
• Mortgage rates and how to choose the one that’s best for you.
• Down Payment options – including Trico’s FlexDown Payment Program!

After you’ve read the guide and have a clearer idea of how much you can afford to spend on your new home, take advantage of the mortgage calculator on Trico’s website to help calculate your monthly payments!

And don’t forget, you can always reach out to one of our home experts if you have any questions. We’re happy to help!