Beresford 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
+
$5,000
$5,000
$5,000
$5,000
Total Cash Needed
=
$31,500
$56,500
$81,500
$106,500

Contact Us

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

Beresford Mortgage Calculator Examples

Great Starter Or Retirement Home Located On A Corner Lot In Beresford And Only A Short Walk To The Beach!! Close To All Amenities...Schools, Shopping, Grocery Stores, Restaurants, Etc... The Main Floor Offers A Good Size Kitchen With Lots Of Cupboards And Counter Space, Living Room With Hardwood Floors, Heat Pump And Patio Door Access To The Backyard, Bedroom With French Doors, Full Bath And A Laundry Room. The Upper Level Offers A Huge Bedroom All Finished In Pine. The Basement Is Unfinished But Is A Perfect Spot For Storage. Some Of The Great Features Include... Attached Insulated Garage, Paved Driveway, Cement Patio In The Backyard, Storage Shed, Updated Breaker Panel, Baseboard Heating, Pvc Windows, Heat Pump, Basement Insulated With Spray Foam And Lots More...Call Today To Book A Showing, This Home Has Been Very Well Kept Over The Years!! (Id:23934)
CALL1.877.896.6727
Property Price
$134,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$6,745
Mortgage Insurance ($)
$5,126
Mortgage Required ($)
$133,281
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,349
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$9,594
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$9,594
Monthly Payment
$523
4 Bedroom 2 Bathroom Bungalow Located In A Quiet Subdivision In Beresford!!. Could Be Easily Converted Back To A Up And Down Duplex. Upstairs Offers 2 Bedrooms 1 Bathroom With Laundry Room, Living Room And Kitchen. Downstairs Has Newly Installed Ceramic Floor, 2 Bedrooms, Full Bathroom, Laundry Room. Currently Has Upper Kitchen Cabinets, But Is Missing The Lower Cabinets. (Id:23934)
CALL1.877.896.6727
Property Price
$139,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$6,995
Mortgage Insurance ($)
$5,316
Mortgage Required ($)
$138,221
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,399
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$9,894
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$9,894
Monthly Payment
$543
Absolutely Beautifully Renovated! This House Will Not Disappoint! From The Living Room With The Fire Place And The High Ceilings, The Gorgeous Modern Kitchen. It Features 1 Bedroom And 1 Bathroom On The Main Level, 2 Bedrooms And One Bathroom On The Second Level. The Basement Is Finished Off With A Laundry Space And A Blank Canvas For The Living Space For You To Finishing Off Exactly How You Want. As A Bonus A Detached Garage A Nice Size Patio, Great For Entertaining And A View! (Id:23934)
CALL1.877.896.6727
Property Price
$299,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$14,995
Mortgage Insurance ($)
$11,396
Mortgage Required ($)
$296,301
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$2,999
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$19,494
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$19,494
Monthly Payment
$1,164
New Listing! Sold ""As Is / Where Is"" (Id:23934)
CALL1.877.896.6727
Property Price
$119,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$5,995
Mortgage Insurance ($)
$4,556
Mortgage Required ($)
$118,461
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,199
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$8,694
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$8,694
Monthly Payment
$465
Renovated Property Offers Lots Of Potential! It Offers A Modern Concept Design And Bright Kitchen With Nice Island, Living Room With Cathedral Ceiling And Lots Of Windows. It Offers 2 Bedrooms And Office On The Main Floor And The Basement Offers A Two Bedroom Apartment With A Separate Entrance. Large Private Backyard In The City And Close To All Amenities! Many Renovations In The Past 6 Years. Note: The Central System In The Basement Only Offers Heat In The Winter Downstairs And Upstairs. Walking Distance To The Beach. Note: This House Is Presently Being Freshly Painting On The Main Floor.New Thermo Pump On The Main Floor This Past Year.The Owner Just Removed The Carpet In The Living Room And The Hallway And Replaced It With Beautiful Modern Floating Floor!!House Is Ready To Move In!! (Id:23934)
CALL1.877.896.6727
Property Price
$229,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$11,450
Mortgage Insurance ($)
$8,702
Mortgage Required ($)
$226,252
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$2,290
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$15,240
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$15,240
Monthly Payment
$889