New Brunswick Mortgage Calculator

?
Enter the amount that you are planning on paying for the property
Property Value
STEP 1
Enter property purchase price
Haven't found a property to purchase yet?
Option #1
Option #2
Option #3
Option #4
?
Enter the amount that you will pay upfront
toward the property to obtain a mortgage
Down Payment
?
CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
Mortgage Insurance
+
$19,000
$13,950
$11,900
$0.00
?
Total mortgage amount is calculated by subtracting
the down payment from the property price and adding
CMHC mortgage insurance (if applicable)
Mortgage Required
=
$494,000
$463,950
$436,900
$400,000
?
Amortization period is length of time that it would take
the mortgage holder to pay off the mortgage in full
Amortization Period
?
Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
Select Province
STEP 2
Select province to get current
mortgage rates
?
Mortgage type specifies whether the interest
rate is variable or fixed
Mortgage Type
?
Mortgage term is the duration of time that you
are committed to a lender, rate and conditions
Mortgage Term
?
Mortgage rate is the interest rate that you will
be paying on the outstanding balance for the
duration of the mortgage term
Mortgage Rate
Select
Select
Select
Select
STEP 3
Select one of the mortgage
rates currently available
?
Please select how often you would like
to make your mortgage payments.
Payment Frequency
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
Mortgage Payment
?
This is an estimate of how much you should expect
to spend upfront in order to make this purchase
Cash Needed
Down Payment
$25,000
$50,000
$75,000
$100,000
Mortgage Insurance PST
+
$0
$0
$0
$0
Lawyer Fee
+
$1,000
$1,000
$1,000
$1,000
Title Insurance
+
$500
$500
$500
$500
Land Transfer Tax
+
Total Cash Needed
=
$28,020*
$52,616*
$77,457*
$101,500*
* Plus Land Transfer Tax, please select New Brunswick city to calculate Land Transfer Tax

Contact Us

First Name
Last Name
Email
Phone
Message (Optional)
OR CALL
1.877.896.6727

New Brunswick Mortgage Calculator Examples

Extraordinary Panoramic Waterfront Vistas Of The Kennebecasis River Abound From This Upscale Home On .94 Acre. Modern Styling Built With Nothing But The Best Inside And Out! Huge Open Spaces, Window Walls Of Glass, 10 Ceilings, All Tile Floors Are Heated, Home Chefs Solid Walnut & Quartz Dream Chef's Kitchen With Top Of The Line Thermador Appliances, Heated Floors And So Much More! Huge Great Room / Dining Room With Rumford Fireplace Overlooking The River Is Perfect For Entertaining In Style. Main Floor Office With Stunning View & Direct Deck Access Can Be Used As Bedroom 4 If Desired With Adjoining Full Bath. Second Floor With Laundry Room & Three Oversized Bedrooms All With Ensuite Baths Including The Impressive Master Suite With Large Custom Walk-In Closet And 5-Piece Spa-Like Bath, Double Sinks, Soaker Tub & Huge Tiled Shower. 2Nd Staircase Leads To The Huge Finished Family Room Loft With Fireplace. The Finished Basement Includes A Large Recreation Room / Gym, Electrical Room (400 Amp Entrance) And Several Storage Rooms. Extra Wide Walkway For Ease Of Storing Deck Furniture, Pool Or Sports Equipment. Two Geothermal Heat Pumps Provide Very Economical Heat And Air Conditioning. Paved Driveway, Plenty Of Parking And Oversized 3-Car Heated Garage With Epoxy Flooring. Professional Beautifully Landscaped Grounds Provide Ambiance, Water Feature, Beach And Total Privacy. (Id:23934)
CALL1.877.896.6727
Property Price
$2,300,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$460,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,840,000
Best Mortgage Rate (%)
1.45%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$23,000
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$484,500
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$484,500
Monthly Payment
$7,312
Welcome To 21 Laforge St. In Shediac!!! Sitting On A Quiet Cul -De-Sac, This Two Story With Bonus Room Over The Attached Garage Is In Immaculate Condition And A Short Distance To Schools And Other Amenities. As You Enter The Foyer, You Will Appreciate The Flow Of Ceramic Tiles That Lead Into The Kitchen And Dining Room. The Contrast To Dark Ash Wood Hardwood Floors In The Living Room Is A Stunning Combination That You Will Not Get Tired Of. The Kitchen Features Plenty Of Cabinets Including A Center Island, Hide Away Garages, Coriander Lip Counter Tops With White High End Appliances. The Dining Area Has A Mini Split Heat Pump And Patio Doors That Lead To The Speciose Deck With A Second Lower Level Deck Made With A Cement Slab And On There You Will Find A New Whirlpool Gold 7 Person Hot Tob Installed Last Year With Privacy Wall That Overlooks The Backyard. A Well Appointed Half Bathroom Completes This Level. Up The Stairs, You Will Find Pristine Hardwood Floors Flowing Through The Three Generous Size Bedrooms Including A Large Master With Double Closet As Well As The Bonus Room With Laundry Facilities. The Master Bathroom Includes A Corner Jacuzzi Tub And Stand Up Shower. The Lower Level Is Completely And Professionally Finished With A Family Room, Legal Fourth Bedroom And 3 Piece Bathroom With Stand Up Shower. You Do Not Want To Miss Your Chance On This One! Call, Text Or Email Today For More Information And To Book Your Personal Tour. (Id:23934)
CALL1.877.896.6727
Property Price
$419,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,995
Mortgage Insurance ($)
$15,956
Mortgage Required ($)
$414,861
Best Mortgage Rate (%)
1.45%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$4,199
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$26,694
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$26,694
Monthly Payment
$1,649
*Country Living In The City* 2220 Amirault Vous Souhaite Listing Agent Bienvenue! Come See This Private Oasis Setting Just Minutes From Downtown Moncton / Dieppe. This Is Where You Will Be Able To Relax And Let Your Kids And Pets Play Safely Or Entertain Your Friends On The Bi-Level Patio With Pergola Looking Out Onto A Beautifully Landscaped Backyard. The Owners Took Great Pride In Keeping This Beautiful Home In Impeccable Condition And Made Many Upgrades Throughout The Years: Gorgeous Hardwood Floors, 4 Season Sunrooms, A Kitchen With Granite Countertop Island And Loads Of Birch Cabinet Storage Space That Is Sure To Please The Chef In Your Family. The Space Flows Easily From Kitchen To Natural Light Filled Dining And Living Room (With Fireplace) Areas As Well As Bonus Space For A Home Office! A Full Bathroom With Enclosed Laundry Room Completes The Main Floor. The Second Level Has Three Bedrooms And A Second Bathroom. The Large Master With Walk-In Closet Has A Patio Where You Can Enjoy Your Morning Coffee Or Evening Wine And Be Entertained By The Many Birds And Occasional Visit From Wild Life In The Backyard. The Basement Area Has Room For Another Office, A Wood Burning Stove, A Huge Storage Space And A Workshop. A Large Detached Garage And Long Paved Driveway Provides Ample Space For Your Vehicles. This Beautiful Home Will Not Last Long!! Don't Let It Slip Away. Call Your Realtor® Now For A Private Viewing. Please Note Washer, Dryer & Hot Tub Are Excluded (Id:23934)
CALL1.877.896.6727
Property Price
$274,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,745
Mortgage Insurance ($)
$10,446
Mortgage Required ($)
$271,601
Best Mortgage Rate (%)
1.45%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$2,749
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$17,994
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$17,994
Monthly Payment
$1,079
Welcome To 8 Goldsboro, This Beautiful Home Sits On A Very Large Private Lot In Riverview With 5 Bedrooms And 2 Full Bathrooms. On The Main Floor, You Will Find A Large Bright Living Room Highlighted By A Wood Fireplace That Leads To The Eat-In Kitchen Overlooking The Private Backyard. The Family Room Is Over The Garage And Makes A Nice Bonus Room. The Main Floor Is Complete With 2 Bedrooms And A 4Pc Bathroom. The Lower Level Includes 3 Bedrooms A 4Pc Bathroom, Laundry Room, Storage Room, And A Single Attached Garage. The Backyard Is Sure To Impress With A Good Size Deck, Baby Barn, And Lots Of Privacy. Call Today For Your Personal Showing! (Id:23934)
CALL1.877.896.6727
Property Price
$274,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,745
Mortgage Insurance ($)
$10,446
Mortgage Required ($)
$271,601
Best Mortgage Rate (%)
1.45%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$2,749
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$17,994
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$17,994
Monthly Payment
$1,079
Location Is A Plus On This Beautiful, Turn Key, Open Concept, 2 Bedroom, 2 Bath Split Entry Home With Attached Insulated, Wired Garage, Complete With Hot And Cold Water Taps. Situated On A Partially Wooded Acreage (2.2 Acres) Within The City Limits Of Miramichi. The Perfect Mix Of Country Living And City Convenience. This Private Large Lot, Bordered By A Meandering Creek, Partially Wooded And Beautifully Manicured, Close To The Douglastown Shopping Centre And Proposed Recreational Complex, With Direct Access From Your Yard To Atv And Ski-Doo Trails. Easy Access To Highways To Fredericton, Moncton And Bathurst. Nbcc And The Pay Centre Are 5 Minutes Away! Features Of This Home Include: Lg Heat Pump (Heat / Ac) True North Wood Stove (Wett Certified), Attached Garage, Generlink, Retractable Screen Doors, Bamboo / Porcelain / Cork Flooring, Vessel Tub, Main Floor Laundry Area Complete With Stackable Lg Washer & Dryer. A Glass Panelled Deck With Motorized Canopy For Summer Time Enjoyment. The Kitchen's Coffee Colored Cupboards With Blanco Sink, Custom Pull Out Shelving, Under Cupboard Lighting, Task Lights, And Glass Back Splash Are Home To The Stainless Steel, Smudge Free Appliances. Frigidare Gallery Fridge,Microwave, Dishwasher And A Front Control Whirlpool Slide In Stove. This Kitchen Is A Please To Cook And Bake In. A Newly Paved Driveway Leads To A Beautifully Landscaped Yard. Starting Out Or Downsizing This Could Be The Perfect Home For You! (Pet Free / Smoke Free Home) (Id:23934)
CALL1.877.896.6727
Property Price
$267,500
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,375
Mortgage Insurance ($)
$10,165
Mortgage Required ($)
$264,290
Best Mortgage Rate (%)
1.45%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$2,675
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$17,550
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$17,550
Monthly Payment
$1,050

Mortgages In New Brunswick

Boasting being the 'lobster capital of the world' is just one of the many perks to living in New Brunswick! Edging the Bay of Fundy that is known for its world's highest tides sits the Hopewell Rocks, which is a great launching point for people that want to walk out onto the ocean floor when the tide is out for seashell & rock collecting. With so much to explore and do in this province, it is no wonder why many home buyers choose this place to call home. The real estate collection found here range from urbanite-friendly condominiums, multi-storey homes, executive townhomes, mansions, large estates with acreage, vacant lots ready for new homes, and single family homes in bungalow & rancher styles. The best way to move forward when a mortgage loan is the means of purchasing a new home is to use a New Brunswick mortgage calculator to work out the monthly costs of a mortgage loan. A quicker way for home buyers to figure out how much a home & mortgage loan would amount to every month and annually with interest is to use a mortgage calculator. Buyers can locate this and other kinds of calculators that are mortgage related on the Internet (any bank website, mortgage company website and third party websites).
The mortgage calculator(s) are free and easy to use repeatedly, and for first time home buyers, they offer an in-depth look at how a mortgage loan comes together. Self-employed home buyers now have new mortgage options available & easier mortgage requirements with lenders, so buying a new home in New Brunswick is less difficult. The CMHC has finally loosened up on their strict guidelines, giving lenders more freedom to work with self-employed people for a mortgage loan. Just like the differences between the people who wish to borrow enough money to purchase a home, there are a few different mortgage loan products. Some mortgages are designed to work better for borrowers that have at least a 20% down payment saved for their new home (a conventional mortgage). Some mortgages utilize the top three mortgage types and combine them, splitting a mortgage into terms throughout the life of the loan (fixed rate mortgage, adjustable rate mortgage & variable rate mortgage). There are mortgage loan products that perform for home buyers who have already carried a mortgage loan in the past, have built up equity in an existing home, etc. (a home equity line of credit, a collateral mortgage, a portable mortgage or a cash back mortgage).
Qualifying for a mortgage loan in New Brunswick depends on the lender, the information a borrower obtained through use of a mortgage calculator (learning about monthly affordability), the home & property, and personal finances. A lender will look at all sides of a borrower's finances and the property of interest to ascertain whether a borrower is keen on a home in a desirable location, its appraised value, its purchase price, and age of the structure. For insurance purposes, the lender must know if the borrower will live in the home personally, or if it will be turned into a rental and if the borrower is considered a high risk to the lender (high risk mortgages require mortgage default insurance on top of the insurance that will be required for the house itself). A lender will scrutinize over a person's financial situation and background to ensure that there is plenty of room each month with total income to cover the home and its potential expenses comfortably. Home buyers should be in a solid financial standing (verifiable income, great credit rating, job/income stability, low debt ratio to monthly expenses & income, own assets, have money saved, and show financial responsibility to any debts owed.