Bracebridge 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
+
$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 Bracebridge 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

Bracebridge Mortgage Calculator Examples

Newly Built Custom Crafted Estate Size Home / Cottage On The Muskoka River. Walking Distance To Town Yet Your Own Private Getaway Nestled On 1.5 Acres. Featuring 4 Bedrooms An Office And 5 Bathrooms. Open Concept Cathedral Ceilings, 2 Stone Fireplaces With Oak Wide Planked Engineered Hardwood Floors Throughout The Entire Home. Walkouts From Both Levels. Private Dock Perfect For Swimming, Paddle Boarding, Canoeing. High Speed Fibre Optic Internet. (Id:23934)
CALL1.877.896.6727
Property Price
$1,595,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$319,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,276,000
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$28,375
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$348,875
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$344,875
Monthly Payment
$5,012
Immerse Yourself In The Muskoka Lifestyle In This Spacious 2+2 Bedroom, 2 Bathroom Bungalow In One Of Bracebridge's Most Sought After Neighbourhoods. Just Steps From Your Back Door Is The Entry To A Fabulous Network Of Trails Where You Can Truly Lose Yourself In Nature Amid Trees, Creeks And Granite Outcroppings. Your Backyard Oasis Comes Extensively And Beautifully Landscaped With Interlock Patio / Walkway, Perennial Gardens And Mature Trees, Offering A Private Retreat For The State-Of-The-Art Hot Tub With Power-Lift Awning (Summer, 2019). Listen To The Songbirds Under Your Steel Gazebo / Sitting Area As You Watch The Kids Climbing And Ziplining In The Play Area / Jungle Gym. Enjoy Morning Coffee Or Late Day Sun On The Expansive Covered Front Porch. When The Seasons Change, Cozy Up Inside By The Gas Fireplace In Your Family Room Which Overlooks Your Backyard. Home Features 9' Main Floor Ceilings, Eat-In Kitchen With Granite-Topped Island, Walk-In Pantry And Oversized Sliding Doors To Rear Deck, Separate Den (Or Dining Room), Master Bedroom With Walk In Closet And 4-Piece Ensuite Complete With A Jacuzzi Tub And Separate Stand Up Shower, Second Bedroom With 4-Piece Semi-Ensuite, Tons Of Natural Light, Attached 2-Car Insulated Garage With Interior Access, Fully Finished Basement With 2 Bedrooms, Rough-In Bathroom, Spacious Family Room, Fitness Area, Laundry Room And Endless Storage. Home Is Easily Adaptable For Main-Floor Living. Basement Offers Excellent In-Law Suite Potential. Low Maintenance Vinyl Siding, Central Air Conditioning (April 2021), 7 Appliances (Including Gas Stove), Rough-In Central Vacuum, Municipal Water / Sewer, Natural Gas And High-Speed Internet Are Some Of The Many Quality Features In This Move In Ready Family Home. **Be Sure To Check Out The Virtual 3D Tour And Video! (Id:23934)
CALL1.877.896.6727
Property Price
$699,000
Minimum Down Payment (%)
6.42%
Minimum Down Payment ($)
$44,900
Mortgage Insurance ($)
$26,164
Mortgage Required ($)
$680,264
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$10,455
Mortgage Insurance PST
$2,093
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$58,948
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$54,948
Monthly Payment
$2,672
Beautiful, Immaculate, Pride Of Ownership, Pleasure To Show, These Are Only Some Of The Words That Describe This Incredible Offering. This 8 Year Old Beaver Home Has 2516Sqft Of Total Living Space, 3 Bedrooms, 1.5 Bathrooms, A Fully Finished Basement With Den, Office, And Recreation Room, Amazing Triple Detached Heated And Cooled Shop / Garage With Wash Sink As Well As A Bunkie (Included As One Of The Bedrooms). The 11.74 Acre Property Is Packed With Trails, Exposed Rock, Cleared Areas, Storage Spaces, And Meticulously Landscaped Grounds. Less Than 1 / 2Km Walk To Weismuller Lake For Swimming, Fishing Or Canoe / Kayaking. 15 Minute Drive To Both Gravenhurst Or Bracebridge On Year-Round Roads. High Speed Satellite Internet For Streaming And Working From Home. Complete Silence And Privacy, No Planes, Trains, Or Traffic Noise At This Location, Only Birds And The Trees. Handy Wood Shelters With 5 Bush Cords Of Dried / Cut Wood For Burning Included As Well As A Sea Container For Additional Storage. Gated Entry With Wireless Security System The New Owner Can Assume If They Wish As Well As Whole Home Backup Generac System. This Property Is Easy To Fall In Love With, Come Check It Out Today! As Per Signed Seller's Direction All Offers Will Be Reviewed Monday August 9Th At 6:00Pm. No Pre-Emptive Offers Will Be Considered. (Id:23934)
CALL1.877.896.6727
Property Price
$899,900
Minimum Down Payment (%)
7.22%
Minimum Down Payment ($)
$64,990
Mortgage Insurance ($)
$33,396
Mortgage Required ($)
$868,306
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$14,473
Mortgage Insurance PST
$2,672
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$83,635
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$79,635
Monthly Payment
$3,410
Economical In-Town Home In Bracebridge. Walking Distance To Town Center. Features Gorgeous Rear Yard, Quiet Location, Ravine Lot With Stunning Views, River Access In Seconds Down The Street With Boat Launch And Quiet Park Area, No Stairs Inside Home, Maintenance Free Home, Free Standing Gas Fireplace Heats Entire Home, Single Floor For Ease Of Use, Quality Condition, Newer Finishes, And A Great First Time Buyers Home Or A Home Easily Too Live In As A Quick Closing Can Be Achieved For The Purchaser. All Mechanicals In The Home Are Functioning And In Good Condition. There Are Two Level Driveway Areas At The Front Of Home For Easy Level Access. A Turn Key Home With No Work Required. Just Move In And Enjoy The Great Muskoka Area With Charm And Quaintness. Pictures Are Of Owners Living In The Home But Now Is Vacant For A Quik Closing Available. Call For Your Personal Tour. (Id:23934)
CALL1.877.896.6727
Property Price
$429,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$21,450
Mortgage Insurance ($)
$16,302
Mortgage Required ($)
$423,852
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$5,055
Mortgage Insurance PST
$1,304
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$29,309
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$25,309
Monthly Payment
$1,665
Surrounded By Wildlife And Nature! This 4 Bedroom, 2 Bath Home Sits On 27 Acres Of Muskoka Beauty. Enjoy Your Own Walking And Atv Trails! Very Private Property. Family-Friendly Open Floorplan With All Bedrooms On The Same Floor. Separate Entrance With Income Potential/ In-Law Capability. Parking For 10+ Cars. Multiple Heat Sources, Deep And Shallow Well On The Property. Wood Lake Boat Launch Is 2 Minutes Away! Book Your Showing Today. (Id:23934)
CALL1.877.896.6727
Property Price
$699,900
Minimum Down Payment (%)
6.43%
Minimum Down Payment ($)
$44,990
Mortgage Insurance ($)
$26,196
Mortgage Required ($)
$681,106
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$10,473
Mortgage Insurance PST
$2,096
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$59,059
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$55,059
Monthly Payment
$2,675