Brant Mortgage Calculator
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Enter the amount that you are planning on paying for the property
STEP 1
Enter property purchase price
Haven't found a property to purchase yet?
Option #1
Option #2
Option #3
Option #4
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Enter the amount that you will pay upfront
toward the property to obtain a mortgage
–
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CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
+
$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)
=
$494,000
$463,950
$436,900
$400,000
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Amortization period is length of time that it would take
the mortgage holder to pay off the mortgage in full
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Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
STEP 2
Select province to get current
mortgage rates
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Mortgage type specifies whether the interest
rate is variable or fixed
?
Mortgage term is the duration of time that you
are committed to a lender, rate and conditions
?
Mortgage rate is the interest rate that you will
be paying on the outstanding balance for the
duration of the mortgage term
Select
Select
Select
Select
4.59 %
4.64 %
4.64 %
4.74 %
4.79 %
4.99 %
5.09 %
5.14 %
5.14 %
5.39 %
5.39 %
5.49 %
5.74 %
5.74 %
6.49 %
STEP 3
Select one of the mortgage
rates currently available
?
Please select how often you would like
to make your mortgage payments.
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
–
–
–
–
?
This is an estimate of how much you should expect
to spend upfront in order to make this purchase
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 Brant are eligible for a Land Transfer Tax rebate of up to $4,000
Brant Mortgage Calculator Examples
Semi-Detached Home In Paris. Double Car Garage With Double Wide Parking. Step In The Front Door To An Open Kitchen Dining Room With Natural Light From The Skylight. Upstairs 2 Bedrooms And A Full Bathroom. First Lower Level Large Family Room With The Third Bedroom And Second Full Bathroom. One More Level Down An Unfinished Basement With Enough Room For A 4Th Bedroom. Step Outside From The Kitchen Door To A Fully Fenced Yard. (Id:23934)
CALL1.877.896.6727
Property Price
$679,000
Minimum Down Payment (%)
6.32%
Minimum Down Payment ($)
$42,900
Mortgage Insurance ($)
$25,444
Mortgage Required ($)
$661,544
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$10,055
Mortgage Insurance PST
$2,036
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$56,491
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$52,491
Monthly Payment
$3,695
Never Lived In Stunning Brand New 4 Bedroom Detached Home Is Now Available In Brantford! The Main Floor Offers A Open Concept Layout, Modern Eat In Kitchen With Breakfast Area, Separate Family And Living Room Engineered Hardwood Floors And Walk Out Deck To Backyard.**** Extras **** Stove, Fridge, Ac As Is, Rental Items: Hot Water Heater If Rental, And Any Other Items May Exist At The Property If Rentals. Inclusions: None. Sold As Is Per Schedule. (Id:23934)
CALL1.877.896.6727
Property Price
$1,099,999
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$220,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$879,999
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$18,475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$239,975
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$235,975
Monthly Payment
$4,915
Thinking Of A Dream Home? An Year Old, Absolutely Stunning Rare Find Luxurious Detached Home Comes With An Amazing Design. Each Floor Has 9 Foot Ceilings Including Basement, Huge Bedrooms With Three Washooms And Laundry Room Upstairs. Main Floor Offers Spacious Functional Layout, Pantry Room, Formal Dining, Fireplace , Large Family & Cozy Kitchen Finished With Large Island With Breakfast Area.**** Extras **** No House In Backside Ensures Privacy; Zoning Is A Future Park. Fridge, Stove, Hood, Built-In Dishwasher, Washer & Dryer. (Id:23934)
CALL1.877.896.6727
Property Price
$999,999
Minimum Down Payment (%)
7.50%
Minimum Down Payment ($)
$75,000
Mortgage Insurance ($)
$37,000
Mortgage Required ($)
$961,999
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$16,475
Mortgage Insurance PST
$2,960
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$95,935
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$91,935
Monthly Payment
$5,373
1 Year New Executive Detached Home In Paris Built By Liv Communities. This Home Features 4 Spacious Bedroom 3 Washrooms, 9 Ft Ceilings On The Main Level And 9 Ft Ceilings On The Second Level. High End Kitchen With Quartz Countertops And Backsplash, Separate Living, Dining, And Breakfast Area, Large Windows Throughout & A Lavish Primary Bedroom Ensuite With A Huge Walk In Closet, Separate Entrance From Side Of The Home With Lots Of Potential For The Unfinished Basement. Minutes To Parks, Downtown Paris, Hwy 403, Brant Sports Complex & More!**** Extras **** California Shutters All Throughout, Stainless Steel Appliances. Fridge, Stove, Dishwasher, Built In Microwave, Washer & Dryer. Ac, Garage Door Opener. Photos May Have Been Virtually Rendered (Id:23934)
CALL1.877.896.6727
Property Price
$999,999
Minimum Down Payment (%)
7.50%
Minimum Down Payment ($)
$75,000
Mortgage Insurance ($)
$37,000
Mortgage Required ($)
$961,999
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$16,475
Mortgage Insurance PST
$2,960
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$95,935
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$91,935
Monthly Payment
$5,373
Wow! Updated 4 Bedroom Brick Home With Inground Pool And Hot Tub In Quiet Mature Neighbourhood. Large Living Room With Wood Fireplace & Separate Dining Room. Spacious & Bright Eat-In Kitchen With Stainless Steel Appliances & Sink, Ice-Maker Fridge, Tiled Backsplash, Under-Counter Lighting And Lots Of Counter Space & Cupboards. Hardwood Throughout Upper Levels. The Extra Room On The Main Level Can Be A 4Th Bedroom, Family Room Or Office. Amazing Backyard!**** Extras **** The Recroom Has A Bar & Theatre Set-Up With In-Wall Surround Sound, Perfect For Entertaining Or Watching The Game. The Backyard Has The Full Package - Night Lighting, Hot Tub, Outdoor Tv Area, 2 Pergolas, Landscaping, And Inground Pool! (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 (%)
4.59%
Mortgage Type
5 Years Fixed
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
$3,804