Brantford 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 Brantford 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

Brantford Mortgage Calculator Examples

Welcome To 10 Sycamore Dining Room. This Home Is Located In An Amazing Area Just Steps From Brantfords North End On A Quiet Court. Easy Access To Everything Including Hwy 403, Shopping, Schools, Parks, Places Of Worship And Public Transit. It Offers A Large Living Room On The Main Floor, A Generous Sized Eat In Kitchen Leading Right Into Separate Dining Room Just Loaded With Natural Light And Windows. Off Of The Dining Room You Have Access To The Fully Fenced Massive Back Yard. This Lot Measures In At .17 Acre In The City! You Will Also Find 2 More Bedrooms And A 4Pc Bath On This Floor With Original Hardwood Through Out Most. The Basement Offers A Huge Recroom, Bar Area, 3Pc Bath And A Massive Laundry/ Utility Room. The Attached Garage Is Oversized And It Is A Drive Through Meaning The Back Side Opens As Well. House Is In Great Shape With Newer Roof, Furnace, Ac And Some Windows As Well. (Id:23934)
CALL1.877.896.6727
Property Price
$474,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$23,745
Mortgage Insurance ($)
$18,046
Mortgage Required ($)
$469,201
Best Mortgage Rate (%)
1.40%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$5,973
Mortgage Insurance PST
$1,444
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$32,662
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$28,662
Monthly Payment
$1,854
Welcome To This Stunning & Immaculate 4+Bed, 3 Bath Bungaloft Located In Desirable Sought After Greenbrier, Within Minutes To 403 Hwy & Walking Distance To Brantford's Main Corridor Of Shopping & Amenities. Pride Of Ownership Is Evident From The Moment You Arrive From The Manicured Lawns & Professionally Landscaped Grounds Complete With Irrigation System & Rock Ebony Granite Stone. Beautifully Appointed Exterior With Stone / Brick & Stucco Accents, Double Car Garage & Exposed Aggregate Driveway, Walkways & Covered Front Porch. As You Enter This Gorgeous Home You Will Find A Spacious Foyer To Greet Your Guests. To Your Left, A Formal Dining Room Awaits With Crown Molding & Brazilian Cherry Hardwood Floor That Flows Throughout The Main Living Areas, Bedrooms & Loft. Moving Throughout The Main Floor You Will Find An Open Concept Floor Plan From A Bright Modern Eat-In Kitchen To The Great Room With Vaulted Ceilings, Loads Of Pot Lights, Corner Gas Fireplace & A Built-In Tv / Wall Unit. The Kitchen Features Plenty Of Cabinets, Pantry, Extended Uppers, Under Cabinet Lighting, Granite Counters, Tile Flooring & Backsplash. A Wonderfully Decorated 4-Piece Bath With Jet Tub, Vanity With Stainless Sink & Granite Top. A Spacious Master Suite Features Vaulted Ceilings With Pot Lights, An Ensuite Bath With Separate Standing Tiled Shower & A Whirlpool Tub. An Additional Bedroom With Double Closets & Completing The Main Floor Is A Main Level Laundry Room With Access To The Garage From An Inside Entrance. Walk Upstairs To A Wonderful Loft Bedroom With Cathedral Ceilings, Pot Lights & A Large Picture Window Offering An Abundance Of Natural Light. The Lower Level Is Comprised Of A Large Recreation Room, Gas Fireplace, 4Th Bedroom Or Exercise Room, Den / Office, Beautifully Decorated 3Pce Bath & Stair Access Leading Up To The Double Car Garage. Enjoy Entertaining On A Partially Covered Rear Deck & Exposed Aggregate Patio Equipped With Gas Barbeque Line, Fully Fenced Yard +++ This Home Shows Beautifully! (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 (%)
1.40%
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
$3,430
Custom Home To Be Built By Carriageview Construction An Established, Local Builder Known For His Quality Finishes And Outstanding Workmanship. This Open Concept 1708 Square Ft Bungalow Offers Vaulted Ceilings Sloped To 10 Ft On Main Floor, 2 Beds, 2 Baths, Main Floor Laundry, Brick, Stone & Vinyl Exterior, Central Ac, Fireplace, Covered Porch, & 2 Car Garage On A Pie-Shaped Lot. Choose From Standard Finishes Such As: Hardwood, Ceramics, Granite Counters & More!**** Extras **** Lot To Be Graded, Soiled & Sodded. Buyer Can Make Selections From Builder's Suppliers. Hwh Is A Rental. Includes Carbon Monoxide & Smoke Detectors. Tarion Warranty Included In Purchase Price. Builder Needs Approximately 5 Months To Build. (Id:23934)
CALL1.877.896.6727
Property Price
$994,900
Minimum Down Payment (%)
7.49%
Minimum Down Payment ($)
$74,490
Mortgage Insurance ($)
$36,816
Mortgage Required ($)
$957,226
Best Mortgage Rate (%)
1.40%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$16,373
Mortgage Insurance PST
$2,945
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$95,308
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$91,308
Monthly Payment
$3,782
Empire Built Gorgeous 3 Bedroom Townhouse 2.5 Bath Right Across To Walter Gretzky Elementary School. Beautiful House Freshly Painted And Well Kept In Amazing Neighborhood. Close To All Amenities And Transit. Nice Kitchen With Stainless Steel Appliances And 2Nd Level Laundry Oak Staircase.**** Extras **** Stainless Steel Fridge, Stove, Dishwasher, Washer & Dryer. Including All Electrical Lighting Fixtures' Window Coverings & Central Air Conditioner. Follow Covid-19 Precautions: 30 Min Appts Only, Agent +2 Adults Only. Please Bring Your Own Masks & Gloves & Do Not Use Any Washrooms. (Id:23934)
CALL1.877.896.6727
Property Price
$599,900
Minimum Down Payment (%)
5.83%
Minimum Down Payment ($)
$34,990
Mortgage Insurance ($)
$22,596
Mortgage Required ($)
$587,506
Best Mortgage Rate (%)
1.40%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$8,473
Mortgage Insurance PST
$1,808
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$46,771
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$42,771
Monthly Payment
$2,321
A Beautifully Updated Home With A Pool And Workshop! This Impressive Home Sits On Almost A ¼ Of An Acre Lot In The Highly Sought-After Henderson Neighbourhood With A 28 X 26 Heated And Insulated Workshop, A Very Private And Enclosed Heated Inground Swimming Pool, Tons Of Parking Space, And A Beautifully Landscaped Property With Low-Maintenance Waterwise Gardens And Huge Landscaping Rocks. The Interior Of This Beautiful Bungalow Has Been Totally Updated And Features A Spacious Family Room With Pot Lighting, Attractive Laminate Flooring, Crown Moulding And California Shutters, A Bright Kitchen With Tile Flooring And Granite Countertops, 3 Generous-Sized Bedrooms With Automatic Sensor Lights In The Closets, A Luxurious Spa-Like Bathroom With A Modern Shower, Jetted Tub And Bluetooth Mirror, And A Convenient Main Floor Laundry. Head Down The New Custom Oak Stairs To The Newly Renovated Basement Featuring A Cozy Recreation Room For Entertaining That Has More Pot Lighting, Luxury Vinyl Plank Flooring, R-20 Insulation, An Excellent Office, An Immaculate Bathroom With A Huge Walk-In Tiled Shower, And A Storage Room / Laundry Room With Granite Countertops. Outside Youll Find The Heated And Insulated Workshop That Will Be Perfect For The Hobbyist Or Mechanic, An Outdoor Kitchen With A Built-In Barbeque, A Very Private And Enclosed Area With The Heated Inground Swimming Pool, The Stamped Concrete And Exposed Aggregate Driveway And Walkways With Enough Parking For 12 Cars, And Spectacular Landscaping. A List Of Upgrades Is Attached To The Listing And Available Upon Request. A Beautiful Move-In Ready Home In The Desired Henderson Neighbourhood With Nothing To Do But Move-In And Enjoy! Book A Viewing Before It's Gone! (Id:23934)
CALL1.877.896.6727
Property Price
$629,800
Minimum Down Payment (%)
6.03%
Minimum Down Payment ($)
$37,980
Mortgage Insurance ($)
$23,673
Mortgage Required ($)
$615,493
Best Mortgage Rate (%)
1.40%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$9,071
Mortgage Insurance PST
$1,894
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$50,445
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$46,445
Monthly Payment
$2,432

Mortgages In Brantford

Like an old friend, Brantford is a 'cozy' city that has a lot to offer home buyers in the line of real estate and a great collection of outlets that appeal to families, young couples, singles & retirees. The neighbourhoods in this city and its real estate market can offer home buyers a wide berth of dwelling types and can match any budget. A mortgage loan generally is the way to go for many people, especially first time home buyers. If you find yourself scanning over the MLS listings for this city, then using the Brantford mortgage calculator will most definitely come in handy. A basic and easy to use mortgage calculator can work out the monthly payment amount of any home by simply entering the purchase price of the home, the expected interest rate, and the amortization period (the amount of years you wish to take the mortgage loan out for). This is just one of the mortgage-related tools that you can access free of charge and it is always a good idea to understand how much 'home' you can realistically afford. Buying a home is a big investment, but keep in mind that it is an INVESTMENT (owning a home after years of making mortgage payments will grow equity).
Do you feel that mortgage loan products are complicated? From a first time home buyer's perspective, yes, mortgage products can be a bit confusing, mostly because there are now combined mortgage products that allows a borrower to split their mortgage in half (this is called a hybrid mortgage or 50/50 mortgage that begins as a variable rate mortgage, then switches over to a fixed rate mortgage). Even more flexible is a convertible mortgage (you can change a shorter term to a longer term or switch from a variable rate to a fixed rate without any penalty). You may have heard of a conventional mortgage, but this mortgage product can only be considered if you are armed with a minimal 20% down payment or more. As you can see so far, there are quite a few mortgage products available, depending on your personal finances. Brantford is worthy of a real estate investment, so it is important to not only choose the right mortgage product, but also the right lender that will work hard for you to get you the best 'deal'. By using a mortgage calculator, you will be giving yourself the opportunity to establish how much property you think you can afford before you sit down with a lender.