East Gwillimbury 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 East Gwillimbury 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

East Gwillimbury Mortgage Calculator Examples

Rare Opportunity! Modern House In Sharon Village.Open Concept,Upgraded Stairwell,Accent Wall,9' Ceiling / Main,Fabulous Modern Kitchen,Topnotch Built-In Applncs,2-Tone Cstm Cabinet & Bcksplsh Matching Countertop.Granite Waterfall Island,Breakfast Bar.Modern Tile 36X36, Built-In Fire Place,Eng Hardwood (European On Main) & Pot Lights Truout, Study Room French Doors.Wine Cooler Room.Basement L / Out Windws, Potential Separate Entrance & Much More. Mins To Hyw 404,Schools,Shopping,Plazas & Go.**** Extras **** Built-In Appliances: 2 Fridges,Induction Cooktop, Range Hood, Dishwasher, Coffee Maker & Steamer, Oven & Microwave, All (Inc Motorized / With Privacy) Window Coverings,Energy Star Washer / Dryer, Garage Door Opener & All Electrical Lighting Fixtures.Remote Control Gas Fireplace. Hot Water Tank Rental. (Id:23934)
CALL1.877.896.6727
Property Price
$1,699,999
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$340,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,359,999
Best Mortgage Rate (%)
1.30%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$30,475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$371,975
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$367,975
Monthly Payment
$5,310
Set Back From The Road On A Dead-End Street Sits This Jaw-Dropping, Waterfront, Custom Built Home! 4600+ Square Feet With World Class Sunset Views From Your Dock. Open Concept Main Floor Boasts Soaring Ceilings,2 Storey Stone Fireplace, Separate Dining Room, Butler's Pantry, Mudroom, Main Floor Office & Walk-Out To Retractable Screened-In Porch Overlooking Fully Fenced Backyard With Heated Inground Pool, Hot Tub, And Your Own Private Shoreline.**** Extras **** Boat To Lake Simcoe & Beyond From Your Private Dock. The Perfect Multigenerational Family Home With Excellent Proximity To Shopping, Highways,Golf,Marinas& Schools.Constructed With Bluwood For Superior Protection Against Fire,Mold&Mildew. (Id:23934)
CALL1.877.896.6727
Property Price
$3,199,999
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$640,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$2,559,999
Best Mortgage Rate (%)
1.30%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$66,475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$707,975
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$703,975
Monthly Payment
$9,995
All Year Around Cottage Life Living Under An Hour From Toronto! Cute & Cozy Bungalow Right On The Holland River, A Huge Deck And Fully Fenced Private Yard, Huge Dock, Quick Access To Lake Simcoe. 404 / 400 & Newmarket All Within Minutes. 2Bed Room Apartment In Basement With Kitchen, Bathroom, With Separate Entrance. Do Not Miss This Waterfront Opportunity !!!!**** Extras **** Central Air Conditioner, 2 Fridge, 2 Stove, Washer, Dryer, Dishwasher, Furnace And 2 Garden Shed. All In ""As Is"", Where Is Condition. Thanks, (Id:23934)
CALL1.877.896.6727
Property Price
$1,329,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$265,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,063,920
Best Mortgage Rate (%)
1.30%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$23,073
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$290,553
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$286,553
Monthly Payment
$4,154
Welcome To ""Greenpark Community"" In A Rare Find Uniquely Positioned Parking Facing Property. Beautiful 4 Bedroom With 4 Ensuite Bath And 4 Walk-In Closet In Quiet Cres. 9 Ft Smooth Ceiling With Pot Lights & Hardwood Floor On Main Floor And Park Facing Office. South Facing Fenced Backyard. Basement With Separate Entrance. Lot Of Upgrades. Long Driveway Can Park 4 Cars. Close To Go Train Station, 404 Hway, School & Park, Trails.**** Extras **** Stainless Steel Appl (Stove,Fridge,Dishwasher,Rangehood) Washer / Dryer. Bright Home Office, Oak Staircase. Upgrade Kitchen Cabinet. Chef Kitchen Island. Gas Fireplace. Pot Lights, Rented Hot Water Tank, Ac, Hrv, Furnace, Garage Door Opener. All Windows Covering, Electrical Lighting Fixtures. (Id:23934)
CALL1.877.896.6727
Property Price
$1,588,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$317,600
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,270,400
Best Mortgage Rate (%)
1.30%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$28,235
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$347,335
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$343,335
Monthly Payment
$4,960
Spectacular 5400+Sqf Home On Gated 2 Acre Lot With 5+1 Beds / 5Baths, Indoor Pool & Spa, Chef's Kitchen, Soaring Vaulted Ceilings, 2 Gas Fps, Brand New Metal Roof With Skylights, 2 Car Attached & 2 Car Detached Garages. Minutes To Hwy404, Lake Simcoe Marina / Beach. This Property Has Been Expanded & Is Under Renovation. Flooring & Bathrooms Are Left To Be Finished Across 2Nd & Main Levels.**** Extras **** Stainless Steel Fridge, Wall Oven, Cooktop, Warming Drawer, Dishwasher, Microwave, All Electrical Lighting Fixtures, Pool Equipment, Garage Door Openers. Barrel Sauna Is Excluded From The Sale. (Id:23934)
CALL1.877.896.6727
Property Price
$2,490,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$498,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,992,000
Best Mortgage Rate (%)
1.30%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$48,725
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$548,225
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$544,225
Monthly Payment
$7,778

Mortgages In East Gwillimbury

No matter what your dream home is, you are bound to find it in East Gwillimbury in the Region of York! This city is perfect for home buyers that do not want to invest in the pricier city of Toronto, but want to be within easy access to it and surrounding cities like Newmarket, Richmond Hill, Vaughan, and Markham. East Gwillimbury offers a suburban lifestyle (golfing, lots of parks & conservation areas, schools, amenities & great transportation options). The housing market and MLS listings provide a smorgasbord of dwelling opportunities, as many homes are newer constructions with some multi-family homes and single family homes, while also matching many budgets. The East Gwillimbury mortgage calculator can assist you in working out a rough estimate on the monthly payment (with interest) on any given home's purchase pricing. A very handy tool, a mortgage calculator is only one of a few different kinds of calculators that can help sort out a direct bottom line of affordability. The Internet hosts many sites where calculators can be found (major banks, mortgage companies, credit unions, and more). This city is a great place to invest for its diversity and a mortgage loan can help you achieve your goals. There are different kinds of mortgages, so which one is the right one specifically for you?
East Gwillimbury is still growing with its economy and new housing, so is it a good time to buy a home? After you see how a mortgage calculator works out bits of information such as the mortgage loan type, interest rate, length of time the mortgage loan will be active, the start date, and so on, you can answer the question yourself... do you feel that you are ready for this long-term commitment financially? There are four main mortgage types: a variable rate mortgage, a fixed rate mortgage, an adjustable rate mortgage, and a hybrid mortgage that combines both a variable mortgage and a fixed mortgage. There are some considerations that lenders adhere to, such as where you stand financially and what mortgage products will you qualify for. The lender that you choose will offer you mortgage products that will keep pace with your finances and preferences, such as having an open mortgage or a closed mortgage. The lender will also ascertain whether your selected mortgage is a low ratio mortgage or a high ratio mortgage (high ratio mortgages will require separate insurance for the loan). Current home owners that have a mortgage already will be offered alternate kinds of mortgages that may utilize existing home equity or transfer of a mortgage called a portable mortgage.