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

A Must See Rarely Offered Custom Renovated Century Home In Charming Mount Albert! Boasting Approx 1920 Square. Ft (Per Mpac), This Meticulously Maintained & Tastefully Decorated Beauty Feats Liv / Din Room With Birch Strip Hdwd Flrs & Gas F / Pl. Family Room Included F / Pl With Airtight Insert & Walk-Out To Lrg Patio. Master With Custom Skylight, Sitting Area & Ensuite. Custom Pine Trim & Doors With Tongue & Groove Craftsmanship, Crown Moulding & Main Flr Laundry. Close To Main St & Amenities**** Extras **** Fridge, Stove, Washer / Dryer (Appliances As-Is), Dishwasher(2020), Elf's, Broadloom With Id, Central Air Conditioning, Shed, F / Pl Screen, F / Pl Insert, Closet Organizers, Custom Wdw Blinds, Floating Shelves In Kitchen, Hot Water Tank(O). Family Room Features Separate Access To House (Id:23934)
CALL1.877.896.6727
Property Price
$629,000
Minimum Down Payment (%)
6.03%
Minimum Down Payment ($)
$37,900
Mortgage Insurance ($)
$23,644
Mortgage Required ($)
$614,744
Best Mortgage Rate (%)
1.60%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$9,055
Mortgage Insurance PST
$1,892
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$50,347
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$46,347
Monthly Payment
$2,486
Don't Miss It. Beautiful 4 Bed &4 Bath House Sitting Beside The Ravine.Great Family Neighbourhood. Large Eat-In Kitchen With Granite Counter Top.Separate Formal Dining & Living Room, Main Floor Office & Family Room With Gas Fireplace.Main Floor Laundry. Dark Hardwood Floors Thru-Out The Main Floor.Curved Staircase.Walkout To Large Backyard. Premium Lot 45X126. 3352 Square Feet House.Close To All Amenities.**** Extras **** Fridge, Stove, Washer, Dryer, Double Door Entry. (Id:23934)
CALL1.877.896.6727
Property Price
$899,000
Minimum Down Payment (%)
7.22%
Minimum Down Payment ($)
$64,900
Mortgage Insurance ($)
$33,364
Mortgage Required ($)
$867,464
Best Mortgage Rate (%)
1.60%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$14,455
Mortgage Insurance PST
$2,669
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$83,524
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$79,524
Monthly Payment
$3,508
Classically Beautiful Century Home In The Heart Of Queensville. This Home Has All The Charm Of Yesteryear With The Upgrades Of Today. Watch The Sunrise On The Front Porch & Entertain On The Back Porch O / L English Gardens. Great Flow & Layout With Original Pine Plank Flrs, Original Trim & Lrg Windows Creating Sun-Filled Rms. Spacious E / I Kitchen, Butlers Pantry With 2Nd Sink & Extra Cabinets, Formal Dining, Living Room, Main Flr Office & Laundry. Tasteful Addition With Extras **** *Vaulted Ceiling & Banks Of Windows On Three Walls. Upper Level Feats Master With Skylight & Walk-In Closet, 3 Great Sized Bdrms & 4Pc Bath. Perfect Location For Commuters; Close To 400, 404 & All Amenities. Shingles 2018. Updated Electrical 2019. (Id:23934)
CALL1.877.896.6727
Property Price
$849,900
Minimum Down Payment (%)
7.06%
Minimum Down Payment ($)
$59,990
Mortgage Insurance ($)
$31,596
Mortgage Required ($)
$821,506
Best Mortgage Rate (%)
1.60%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$13,473
Mortgage Insurance PST
$2,528
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$77,491
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$73,491
Monthly Payment
$3,322
Take A Virtual Tour Of This Property At Www.33Mondial.Com. Welcome To This Stunning Home! Built In 2017, Offers 2,550 Square Ft Of Living Space, 4 Beds, 3.5 Bath, 9 Ft Ceilings Main Floor, Open Concept Gourmet Kitchen With Stainless Steel Appls, Granite Countertops, Center Island, Hrdwd On Main Floor, Pot Lights, Ugraded Finishes With The Builder, Inground Sprinkler, And More..Close To Amenities: Hwy 404, Grocery Store, Schools And Park.**** Extras **** All Electrical Lighting Fixtures, Window Coverings, All Appliances: Stainless Steel Fridge, Stainless Steel Stove, Built-In Microwave, Stainless Steel Hood Fan, Built-In Dishwasher, Front Load Washer&Dryer, Central Vac & Access, 2 Garage Door Opener & 4 Remotes, Air Conditioner, Furnace, Hrv, Hot Water Recovery,Hot Water Tank Rental. (Id:23934)
CALL1.877.896.6727
Property Price
$935,000
Minimum Down Payment (%)
7.33%
Minimum Down Payment ($)
$68,500
Mortgage Insurance ($)
$34,660
Mortgage Required ($)
$901,160
Best Mortgage Rate (%)
1.60%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$15,175
Mortgage Insurance PST
$2,773
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$87,948
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$83,948
Monthly Payment
$3,644
1 Acre Lot With 120 Feet Of Frontage At The Very End Of Beautiful Morgan's Rd. Surrounded By Nature And Overlooking Soldiers Bay. Sunny River-View 4 Bedroom House With Double Garage ,2 Full Bathroom And A Laundry Room .Fantastic Dream-Location,Enjoy The Marina Next Door Fishing & Boating,Walk To Silver Lakes Golf, Minutes To Newmarket Costco & Upper Canada Mall & Hwy 404 .**** Extras **** Window Covers & Blinds, Stove, Fridge, Built-In Dish,Washer, Dryer ,Newer Laminate Flooring, Newer Furnace And Air Conditioner. Newer Deck,River View & 1 Acre Lot. (Id:23934)
CALL1.877.896.6727
Property Price
$869,000
Minimum Down Payment (%)
7.12%
Minimum Down Payment ($)
$61,900
Mortgage Insurance ($)
$32,284
Mortgage Required ($)
$839,384
Best Mortgage Rate (%)
1.60%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$13,855
Mortgage Insurance PST
$2,583
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$79,838
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$75,838
Monthly Payment
$3,394

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.