Blue Mountains 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
+
$1,520
$1,116
$952
$0
Lawyer Fee
+
$1,000
$1,000
$1,000
$1,000
Title Insurance
+
$500
$500
$500
$500
Land Transfer Tax
+
$6,475
$6,475
$6,475
$6,475
Total Cash Needed
=
$34,495
$59,091
$83,927
$107,975
First time home buyers in Blue Mountains are eligible for a Land Transfer Tax rebate of up to $4,000

Contact Us

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

Blue Mountains Mortgage Calculator Examples

Between The Shores Of Georgian Bay And The Blue Mountains Lies Historic Thornbury, On. Now, A Community Of Visionary Modern Semis And Singles Is Bringing A New Dimension Of Richness To This Signature Waterside Setting. Striking Architecture Surrounded By Natural Landscaping - You'll Find Your New Favourite Place To Call Home These Bold Modern Designs Will Make Your Life Look Better From Every Perspective.**** Extras **** Ultramarine Model - See Attached Floor Plans, Site Plan, Features And Finishes & Survey (Id:23934)
CALL1.877.896.6727
Property Price
$949,900
Minimum Down Payment (%)
7.37%
Minimum Down Payment ($)
$69,990
Mortgage Insurance ($)
$35,196
Mortgage Required ($)
$915,106
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$15,473
Mortgage Insurance PST
$2,816
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$89,779
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$85,779
Monthly Payment
$3,594
Between The Shores Of Georgian Bay And The Blue Mountains Lies Historic Thornbury, On. Now, A Community Of Visionary Modern Semis And Singles Is Bringing A New Dimension Of Richness To This Signature Waterside Setting. Striking Architecture Surrounded By Natural Landscaping - You'll Find Your New Favourite Place To Call Home These Bold Modern Designs Will Make Your Life Look Better From Every Perspective.**** Extras **** Cobalt Model - See Attached Floor Plans, Site Plan, Features & Finishes & Survey (Id:23934)
CALL1.877.896.6727
Property Price
$824,900
Minimum Down Payment (%)
6.97%
Minimum Down Payment ($)
$57,490
Mortgage Insurance ($)
$30,696
Mortgage Required ($)
$798,106
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$12,973
Mortgage Insurance PST
$2,456
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$74,419
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$70,419
Monthly Payment
$3,135
Between The Shores Of Georgian Bay And The Blue Mountains Lies Historic Thornbury, On. Now, A Community Of Visionary Modern Semis And Singles Is Bringing A New Dimension Of Richness To This Signature Waterside Setting. Striking Architecture Surrounded By Natural Landscaping - You'll Find Your New Favourite Place To Call Home These Bold Modern Designs Will Make Your Life Look Better From Every Perspective.**** Extras **** The Showstopper ""Sapphire"", Fully Detached, Spectacular 19' Glass Facade, Open To Above Living Room. Massive Wrap Around Deck, Optional Ground Floor Bedroom, Elevator And More. See Floorplans, Site Plan, Feature Sheet + Finishes (Id:23934)
CALL1.877.896.6727
Property Price
$1,299,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$259,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,039,920
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$22,473
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$283,953
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$279,953
Monthly Payment
$4,084
Between The Shores Of Georgian Bay And The Blue Mountains Lies Historic Thornbury, On. Now, A Community Of Visionary Modern Semis And Singles Is Bringing A New Dimension Of Richness To This Signature Waterside Setting. Striking Architecture Surrounded By Natural Landscaping - You'll Find Your New Favourite Place To Call Home These Bold Modern Designs Will Make Your Life Look Better From Every Perspective.**** Extras **** Azure Model. See Attached Floor Plans, Site Plan, Features And Finishes & Survey (Id:23934)
CALL1.877.896.6727
Property Price
$984,900
Minimum Down Payment (%)
7.46%
Minimum Down Payment ($)
$73,490
Mortgage Insurance ($)
$36,456
Mortgage Required ($)
$947,866
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$16,173
Mortgage Insurance PST
$2,917
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$94,080
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$90,080
Monthly Payment
$3,723
Between The Shores Of Georgian Bay And The Blue Mountains Lies Historic Thornbury, Blu- A Community Of Visionary Modern Semis And Singles Bringing A New Dimension Of Richness To This Signature Waterside Setting. Striking Architecture Surrounded By Natural Landscape-You Will Find Your New Favourite Place To Call Home-See Attached Floor Plans, Site Plans, Features And Finishes & Survey!**** Extras **** Indigo Model, Faces Water, Rear Deck, Upper Front Terrace, 8' Basement, (Optional Elevator, 9' Basement) (Id:23934)
CALL1.877.896.6727
Property Price
$879,900
Minimum Down Payment (%)
7.16%
Minimum Down Payment ($)
$62,990
Mortgage Insurance ($)
$32,676
Mortgage Required ($)
$849,586
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$14,073
Mortgage Insurance PST
$2,614
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$81,177
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$77,177
Monthly Payment
$3,337