Placentia Mortgage Calculator

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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
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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
+
$500
$500
$500
$500
Total Cash Needed
=
$27,000
$52,000
$77,000
$102,000

Contact Us

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

Placentia Mortgage Calculator Examples

Welcome To 6 Gilwell Street, Located In The Heart Of Placentia. Close To Many Amenities Such As Shopping, Recreation, The Hospital, And High School, This Home Is A Great Family Home, Or An Investment Property. With Ample Parking, Mature Trees, Fully Landscaped And A Large Detached Garage, The Grounds Are Sure To Impress. Inside Boasts A Well Maintained Living Space, Complete With A Large Country Style Kitchen With Oak Cabinets, And A Bright Dining Area. Complete With Four Spacious Bedrooms And 1.5 Bath. Owners Are Very Motivated. (Id:23934)
CALL1.877.896.6727
Property Price
$189,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$9,495
Mortgage Insurance ($)
$7,216
Mortgage Required ($)
$187,621
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$252
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$11,247
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$11,247
Monthly Payment
$753
$20,000.00 Reduction - Thats Right - Reduction. That Just After Adding A Ton Of Pavement! This Gorgeous Chalet Style Home Located On Almost 2.5 Acres Of Land With Circular Driveway Has All The Bells And Whistles. Situated Overlooking Rices Pond, In South East Placentia, This Property Has A Floating Dock, Pond Access, Newly Designed Rock Wall, Fire Pit, And Attached Garage .. Inside The Home Features A Cozy Kitchen And Dining Room Combo, 3 Bedrooms,3 Bathrooms, 2 Walk In His / Her Closets And Spectacular Views Of The Pond And The Utmost Privacy! Downstairs Boasts Office Area, Another Fairly Large Bedroom, Recreation Room And Utility Room, As Well As Garage And Access To Outside. The House Is Heated By A 4 Ton Heat Pump. Not Only Is The House And Grounds Impressive, But The 24 X 32 Detached Garage Is No Exception. Also Boasting A Heat Pump, Its Only 60 Amp Breaker Panel, The Garage Has Rv Water And Sewer Hookup For Any Guests Coming In To Stay. (Id:23934)
CALL1.877.896.6727
Property Price
$465,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$23,250
Mortgage Insurance ($)
$17,670
Mortgage Required ($)
$459,420
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$472
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$25,222
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$25,222
Monthly Payment
$1,845
2 Apartment Located In The Centre Of Placentia, Walking Distance To Everything. One Apartment Has 3 Bedrooms, Which Is Currently Rented, And The Second Apartment, Which Used To Operate As A Daycare, Is A 2 Bedroom Apartment, Which Is Also Currently Rented. All Furniture And Appliances Are Included In The Sale. Why Not Buy This Property And Make Some Money Besides!?!?! (Id:23934)
CALL1.877.896.6727
Property Price
$159,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$7,995
Mortgage Insurance ($)
$6,076
Mortgage Required ($)
$157,981
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$228
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$9,723
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$9,723
Monthly Payment
$634
Attention Investors Or Savvy Home Buyers! This Is The Income Property For You. This Registered Two Apartment Home Is Only 7 Years Old, And Is Located In A Sought After Area Of Dunville. With The Apartment Generating $1275 In Rent, And The Main Unit Generating $1800, This Home Can Either Make You Money Every Month, Or Allow You To Live Mortgage Free! Not Only Does The Financial Gains Of This Property Make It Appealing, The Finishes Throughout Will Also Leave You Impressed. You're Greeted By A Large Foyer, And Split Entry To Either A Living Space In The Main Unit Basement, Or The Open Concept Main Floor. The Main Features Dark Cabinet Kitchen With Peninsula, A Bright Living Room, And Three Bedrooms. The Basement Apartment Has Two Bedrooms, And The Same Finishes As The Main. The Double Driveway Can Be Extended To Provide Rear Yard Access, And It's Sitting On A Green Belt. (Id:23934)
CALL1.877.896.6727
Property Price
$289,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$14,495
Mortgage Insurance ($)
$11,016
Mortgage Required ($)
$286,421
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$332
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$16,327
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$16,327
Monthly Payment
$1,150
This Bnb Investment Will Bring You Many Years Of Rewards And Profit. The Historical Rosedale Manor Located In The Heart Of Placentia. Rosedale Bnb Was Been Extensively Renovated Over The Years Which Include New Windows, Siding Interior. This Historic Style Home Features A Main Floor Guest Sitting Room With Propane Fireplace And View Of The Ocean, Dining Room With Propane Fireplace And Ocean View, 2 Bedrooms With Private 3 Piece Ensuties, Kitchen, Laundry Room, And 1 / 2 Bath. Upstairs Features: 4 Bedrooms With 3Pc Ensuites In 3 Of Them. Upstairs Has Been Converted To Two Suites For The Current Long-Term Tenants. The Property Is Lease Until The End Of The Husky Project Call Listing Agent For Details. Located Only Minutes From The Argentia Ferry Terminal And Only 1 1 / 2 Hour Drive From The Capital City. As An Bnb The Rosedale Has Been #1 On Trip Advisor, And This Property Is The Best Of Newfoundland Accommodations Has To Offer! (Id:23934)
CALL1.877.896.6727
Property Price
$300,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$15,000
Mortgage Insurance ($)
$11,400
Mortgage Required ($)
$296,400
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$340
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$16,840
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$16,840
Monthly Payment
$1,190