Georgina 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 Georgina 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

Georgina Mortgage Calculator Examples

Outstanding Opportunity!!! Live Close To The Water And Close To All Amenities! Charming Bungalow On A Large Private 75X100' Fenced Lot Backing To Beautiful Greenspace In Highly Sought After South Keswick. Finished Basement With Separate Entrance To Yard Includes Wet Bar, Bedroom, Family Room And Large Office. Just A Short Walk To The Water. Close To Marina, Shopping, Schools, Dog Park, Parks, Trails, And Hwy 404. Great Opportunity For Investors.**** Extras **** Fridge, Stove, Dishwasher, Microwave, Washer, Dryer, Tv Brackets, Ceiling Fans, Bathroom Mirrors, Electric Fireplace, Gazebo, Hot Water Tank. Exclude: Firefighter Plaque, Mirror In Living Room, Primary And Hallway, Red Fridge, Stand Up Freezer, Tv's (Id:23934)
CALL1.877.896.6727
Property Price
$929,900
Minimum Down Payment (%)
7.31%
Minimum Down Payment ($)
$67,990
Mortgage Insurance ($)
$34,476
Mortgage Required ($)
$896,386
Best Mortgage Rate (%)
2.10%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$15,073
Mortgage Insurance PST
$2,758
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$87,321
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$83,321
Monthly Payment
$3,839
Attention Contractors, Builders, Renovators, Developers, & Investors. This Is The One For You! Loads Of Potential With This Incredible Almost 1 Acre (118 X 367 Foot Lot) Municipally Serviced Lot With Potential To Sever. Located On A Quiet Dead End Street In The Heart Of Downtown Sutton. Backing Onto Forest. Includes Quaint 3 Bedroom, 1 Bathroom Bungalow And Detached Garage With Hydro. Close To Schools, Shops & All Amenities. Less Than 1 Minute Drive To Highway 48 & 15 Minutes To Highway 404. High Speed Cable & Internet Available. Don't Miss Out.**** Extras **** Included: Fridge, Stove, Dishwasher, All Elf's, Garage Door Opener (As-Is). Excluded: Microwave, Washer, Dryer, All Curtains, Chest Freezer, Black Mini Fridge, Trampoline & Outdoor Playhouse. (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 (%)
2.10%
Mortgage Type
5 Years Variable
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
$3,715
Lovely Property On A Very Private ""No Exit"" Street. It Has All That You Need: 2 Driveways, Built-In Single Car Garage & Heated Detached 29'X24' Garage / Workshop, Fenced Private Backyard, 3 Bedrooms On Main Floor, Large Kitchen / Dining Area With Walk-Out To A Rear 23'X14' Double Deck With Porch Lift, Primary Bedroom With Sitting Room, Finished Walk-Out Basement With Extra Bedroom, 2 Washrooms, Breakfast / Dining And Family Room & Lots Of Storage Under The Deck.**** Extras **** Included: Gas Stove, Electric Stove, 2 Fridges, Dishwasher, Microwave, Washer & Dryer In Basement, Wine Cooler, Porch Lift, Chest Freezer, Gazebo, Gas Fireplace In Garage, Electrical Lighting Fixtures. Excluded: Washer & Dryer On Main Floor. (Id:23934)
CALL1.877.896.6727
Property Price
$799,900
Minimum Down Payment (%)
6.87%
Minimum Down Payment ($)
$54,990
Mortgage Insurance ($)
$29,796
Mortgage Required ($)
$774,706
Best Mortgage Rate (%)
2.10%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$12,473
Mortgage Insurance PST
$2,384
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$71,347
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$67,347
Monthly Payment
$3,318
Don't Miss This Stunning 4 Bedroom, Custom Built Home In Willow Beach! This Open Concept Home Features Heated Floors In The Luxurious Designer Kitchen, Grand Ensuite Washroom And Expansive Shop. 9 Foot Basement Ceilings Make This Feel More Like An Above Grade Space. Just Steps To Your Private Beach On Lake Simcoe! Includes All Existing Appliances, Light Fixtures & Window Coverings* The Garage Includes Air Conditioner And Wifi *Close To Parks, Schools, All Town Amenities And More! (Id:23934)
CALL1.877.896.6727
Property Price
$1,700,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$340,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,360,000
Best Mortgage Rate (%)
2.10%
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
$5,825
Two Bedroom Bungalow Steps To The Beach In South Keswick. On Lovely 75' Lot. New Dryer & Almost New Washing Machine. Crawl Space Was Redone In 2011 With Blown In Foam Insulation. Home Is Amply Heated With Gas Fireplace And 1600 Cfm Fan & Vented. Large Workshop Or Office In Backyard Building. Make This Your First Home, Your Retirement Home Or Build Onto & Utilize This Great Lot.**** Extras **** All Elf, Fridge, Stove, Washer, Dryer, Otr Microwave, Gas Fireplace, Hwh (Owned), Garden Shed (Id:23934)
CALL1.877.896.6727
Property Price
$729,000
Minimum Down Payment (%)
6.57%
Minimum Down Payment ($)
$47,900
Mortgage Insurance ($)
$27,244
Mortgage Required ($)
$708,344
Best Mortgage Rate (%)
2.10%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$11,055
Mortgage Insurance PST
$2,180
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$62,635
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$58,635
Monthly Payment
$3,034

Mortgages In Georgina

Hugging Lake Simcoe's edges, Georgina has many perks in store for home buyers that want cottage-like living full time! You and your family will not be able to resist the multitude of explorable parks, recreation trails, beaches, marinas, and culture-rich opportunities. Locals are friendly and own little shops around town, and many participate in festivals & events, thus make living here an enjoyable, community-oriented place to call home. The realty selection here is a great fusion of small country-like homes, multi-storey dwellings, large multi-family houses, and ranchers, just to name a few types. If you are in the market for a mortgage loan as a means of purchasing your new home, then a Georgina mortgage calculator will be the perfect tool for you to start with. To gain a better idea of where you stand financially each month with a mortgage loan payment, you can use the mortgage calculator to sum up the mortgage loan amount, the interest, the term of the loan, the length of the loan, and the start date. Now that you know roughly what the home you have in mind will cost each month, you can explore other useful tools and advanced calculators so that you can get the best possible mortgage loan.
Georgina is an investment-worthy city because of its closeness to Barrie and Newmarket, which both offer alternate amenities and business outlets. You may be wondering which mortgage product is the right product for you and your financials? Are you concerned about your interest rate fluctuating during your mortgage loan? Do you want to leave your mortgage flexible in case the interest rate lowers? Do you wish you could lock in the interest rate that is offered to you at the time you are applying for a mortgage loan? The answers to these questions can be cleared up by understanding how each mortgage product performs, which if you used a comparison mortgage calculator, you would see how a variable rate mortgage works compared to a fixed rate mortgage, for example. Turning to a fixed rate mortgage will set your interest rate at a 'fixed' percentage for a certain length of time, thus not altering the monthly payment (a sense of security for some home buyers). On the other hand, a variable rate mortgage leans on the prime rate as a guide to dictate your interest rate, but your monthly payment stays the same amount, the difference in the interest rate will be applied to the principal part of the loan.