How much mortgage do you have to pay for a $200,000 home monthly. Pls include taxes, closing cost, etc?

Question

6% interest rate
2% property tax ( 2% of the principal)
25 yr amortization

Im in Canada

Answer 1

Here's a mortgage calculator, you can mess around with the figures a bit. Just take the loan amount, add about 2 or 3% for closing costs (rough estimate) and plug in the actual property taxes and homeowner's insurance figures.
http://www.robhenry.com/calc.htm

Answer 2

$200,000 Loan amount at 6% over 25 years is $1,288.60...its impossible for me to calculate closing costs because every lender is different.

I would be concerned that I am getting the best rate (rates went down on Friday) than the best closing costs. You will pay set interest for the life of the loan and closing costs are only paid once,