Grey Highlands 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 Grey Highlands 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

Grey Highlands Mortgage Calculator Examples

Step Into Your Very Own Backyard Retreat At The Top Of The Beaver Valley With Outdoor Features Like A Hillside Garden Waterfall, A Large Partially Covered Deck, A Detached Studio / Shed, And Plenty Of Privacy From The Tall Surrounding Trees. Sitting On Just Over 1 Acre, This Beautiful Main Floor Living Home Has An Open Concept Kitchen And Living Area With Vaulted Ceilings, 2 Bedrooms And A 4Pc Bathroom On The Main Floor As Well As 2 More Bedrooms, Another 4Pc Bathroom, And A Large Family Room On The Lower Level Making This The Perfect Space To Entertain Family And Friends. Additional Features Like A Propane Fireplace, Main Floor Laundry, Tons Of Natural Light, And Being A 3-Minute Drive To The Top Of The Beaver Valley Ski Club (5 Mins To The Bottom), Make This The Ultimate 4 Season Sanctuary To Come Home To After A Day On The Ski Hills Or If You Just Want To Relax In Your Backyard. Book Your Showing Today So You Don't Miss This Great Opportunity! (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 (%)
1.69%
Mortgage Type
5 Years Variable
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
$2,703
This Is The Property For Tiny House / Ski Chalet Fans, 633 Square Feet Of Everything You Need For Simple Living. A Loft Bedroom, Space To Sit By A Cozy Wood Stove And Adjoining Living Area. A Compact Galley Kitchen, Bathroom And A Private Mudroom Entrance. A Cute Shed Provides Storage. This Home Is Surrounded By Mature Maple Trees And Is A 5-Min. Walk To The Bruce Trail For World-Class Hiking And A Similar Walk To The Top Of The Beaver Valley Ski Club. A Few More Minutes And You Can Launch Your Canoe On The Beautiful Beaver River. Beaches Of Georgian Bay Are A Short Drive Away. This Is A Cycling Mecca Where Enjoying The Stunning Views In Every Direction Is The Reward. It Is Remote Enough To Feel Away From It All But Surrounded By Quaint Towns, Delicious Bakeries And Restaurants Of Kimberley, Flesherton And Markdale. Covid-19 Protocols In Place. Seller Direction To Hold Offers Until June 11Th. Maximum 2 People At A Time For Showings, Including A Listing Agent, As Per The Sellers Instructions. (Id:23934)
CALL1.877.896.6727
Property Price
$350,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$17,500
Mortgage Insurance ($)
$13,300
Mortgage Required ($)
$345,800
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$3,725
Mortgage Insurance PST
$1,064
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$23,789
First Time Home Buyer
Land Transfer Tax Credit
-$3,725
Cash Needed
$20,064
Monthly Payment
$1,413
Impeccably Finished Craftsman Style Home, 3+1 Bedrooms, 2+1 Bathrooms, Finished Basement, Gas Fireplace, Quartz Counter Tops, Custom Cabinets, In Floor Heating In Basement. 2 Car Garage Is Finished Completely As Is A 10X12 Storage Shed In The Backyard, Attention To Detail In All Areas. Must Be Seen To Be Believed**** Extras **** Includes: Stainless Steel Fridge, Stove, Dishwasher, Washer And Dryer (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 (%)
1.69%
Mortgage Type
5 Years Variable
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
$2,703
Beautiful Maintained Raised Bungalow With Hardwood & Ceramic Floors Throughout.Walk-Out To Front / Side Deck From Dining Area To Enjoy A Morning Coffee Time.Open Concept Design Main Level,Kitchen, Dining ,That Walks Out To Deck.Direct Access From The Attached Garage To Main Level Is Great To Unload Groceries. Ideal Location Across From Local Elementary School. Enjoy The Quiet Village Life With A Country Backdrop Surrounding.**** Extras **** All Elf, Fridge,Stainless Steel.Stove, Built-In Dishwasher,Microwave ,Washer,Dryer.Uv Water System, Garden Shed.Located Just Across The Local Elementary School.Close To Beaver Valley Ski Resort, 25 Min To Collingwood,Blue Mountains, Eugenia Lake & More. (Id:23934)
CALL1.877.896.6727
Property Price
$449,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$22,495
Mortgage Insurance ($)
$17,096
Mortgage Required ($)
$444,501
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$5,473
Mortgage Insurance PST
$1,368
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$30,836
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$26,836
Monthly Payment
$1,816
Located A Short Distance To Kimberley & Markdale, Sits This Marvellous 16+ Acre Retreat, Complete With 3 Bedroom Bungalow, Lots Of Windows To Enjoy The Gorgeous Views Of The Property. With Approximately 6 Acres Of Workable Land, This Home Would Make A Perfect Hobby Farm, Or Just A Great Area To Enjoy Nature! Take A Walk To The Back To The Property To Watch The Wildlife & Enjoy The Wetlands, Or Simply Enjoy The Fruits From Your Own Orchard Which Includes Apple, Plums, And Cherry Trees. The Bright & Airy Open Concept Bungalow Built In 2009 Boasts A Large Great Room / Kitchen And Dining On The Main Floor, Spacious Master With Ensuite, And 2 Additional Bedrooms. The Lower Level Has A Massive Family Room With Walkout Basement, And Walk Up To The Garage. Lower Level Washroom Is Roughed In. Geothermal Heating And Cooling, Provides Economical Year Round Comfort. This Home Is Move In Ready, And Needs To Be Seen To Fully Appreciate All This Marvellous Property Has To Offer! (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 (%)
1.69%
Mortgage Type
5 Years Variable
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
$2,783