Innisfil 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 Innisfil 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

Innisfil Mortgage Calculator Examples

Stunning And Move In Ready! 3+1 Bedroom Townhouse. Open Concept Fully Renovated Kitchen With Large Island, Venetian Granite, Pantry With Pullouts, Stainless Steel Appliances And Walk-Out To Deck. Upgraded Flooring Throughout Main Floor And Basement. Fireplace In Family Room. Large Primary Bedroom With Walkthrough Closet And Semi-Ensuite Bath. 2Nd Bedroom Features A Walk-In Closet. Finished Basement With Recreation Room And Extra Bedroom / Office. Rough-In For Bath In Basement. Close To All Amenities, Schools And Innisfil Beach. Turnkey Home!**** Extras **** Included. Fridge, Stove, Microwave / Range Hood, Built-In Dishwasher, Washer & Dryer. All Electrical Lighting Fixtures, Fans & Window Coverings. Kitchen'21, Front Door'21, Flooring (Main & Basement)'21, Front Wdws'14, Central Air Conditioning'20, Deck'20, . Exclusions: See Schedule C (Id:23934)
CALL1.877.896.6727
Property Price
$739,000
Minimum Down Payment (%)
6.62%
Minimum Down Payment ($)
$48,900
Mortgage Insurance ($)
$27,604
Mortgage Required ($)
$717,704
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$11,255
Mortgage Insurance PST
$2,208
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$63,863
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$59,863
Monthly Payment
$4,008
Located In Beautiful Innisfil And In The Heart Of Alcona, An Amazing Opportunity To Own A Spacious 2 Storey All Brick Home 4+1 Bedroom And 5 Bathroom. Huge Primary Bed With 4 Piece Ensuite And With In Closets, Practical Layout With 9 Ft Ceiling, Open Concept Living And Dining, Great Room With Gas F / P Hardwood Floors Throughout. Quartz Counter Top With Island. Eat In Kitchen, Main Floor Laundry Fully Finished Basement With 3 Piece Bath, Fully Fenced Backyard With Deck.**** Extras **** Flexible Closing, Included. Stainless Steel Fridge, Stove, Dish Washer, Washer And Dryer And Elf's. Hot Water Tank Rental. Roof (2022).Close To All Amenities. 5 Mins To Simcoe Beach. Walking Trails, Park & School. Don't Miss This One. (Id:23934)
CALL1.877.896.6727
Property Price
$1,299,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$259,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,039,920
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$22,473
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$283,953
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$279,953
Monthly Payment
$5,808
Move-In Ready 2 Bed, 1 Bath Home In Sandy Cove, Featuring A Great Floorplan, Large Principal Rooms And 2 Covered Porches. Sandy Cove Offers The Best In Retirement Living With 2 Outdoor Pools, A Woodworking Shop, On-Site Stores, Community Clubs And More.**** Extras **** Included: Washer, Dryer, Fridge, Stove, Dishwasher, Microwave; Rental: Hot Water Heater (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 (%)
4.59%
Mortgage Type
5 Years Fixed
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
$1,931
Welcome To 2282 Taylorwood Blvd! Rarely Offered 3 Car Garage Detached Home On A Quiet And Private Street In An Excellent Family Friendly Community! Just Minutes Away From The Water And Innisfil Beach Park Where There Is Lots Of Adventures!**Premium Massive Lot Features 59Ft Frontage By 173Ft Depth!**Large Deck Overlooking Massive Yard Surrounded By Mature Trees, Perfect For Relaxing & Entertaining! Triple Car Garage + Large Driveway And No Sidewalk, Allows For 9 Parking Spaces! Double Door Entry! Unspoiled Basement & Functional Layout In The Perfect Location, Which With A Bit Of Tlc, The Possibilities Are Endless With This Home!**** Extras **** All Existing Stainless Steel Appliances: Stove, Dishwasher, Fridge, Hood Fan. Washer And Dryer. Air Conditioner. Central Vacuum. All Elf's And Blinds. (Id:23934)
CALL1.877.896.6727
Property Price
$799,000
Minimum Down Payment (%)
6.87%
Minimum Down Payment ($)
$54,900
Mortgage Insurance ($)
$29,764
Mortgage Required ($)
$773,864
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$12,455
Mortgage Insurance PST
$2,381
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$71,236
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$67,236
Monthly Payment
$4,322
Friday Harbour Condo Unit Boasts A Stunning Interior & Offers An Exceptional Living Experience! Find Daily Functionality In This Exceptional Community As Excellent Amenities Are Minutes Away From Your Doorstep. Enjoy Having Access To An Exclusive Boardwalk Which Includes An Array Of Amenities Such As Restaurants, A Grocery Store, An Lcbo, A Bakery, A Gelato Bar, And An Ice Cream Shop. Four-Season Living Offers Underground Walkways, A Yearly Christmas Market, Skating Rink, And Outdoor Fire Pit, Providing Fun For The Whole Family. In The Warmer Months, Appreciate Being Only Steps Away From Lake Simcoe, A Marina, Parks, And Walking Trails. This Two-Bedroom, Two-Bathroom Unit Provides You With A Plethora Of Condo Amenities Such As An Exercise Room, Games And Media Room, A Playground, A Community Pool, A Rooftop Deck, A Tennis Court, And A Party Room. In Addition, Enjoy Your Exclusive Storage Locker, And Underground Parking Spot. Upon Entry, Step Into An Open-Concept Living Space With A Floor-To-Ceiling Window, A Cozy Living Room With A Wood-Panelled Accent Wall. Prepared Daily Meals In The Well-Equipped Kitchen Boasting Stainless-Steel Appliances, Timeless White Cabinetry, A Large Centre Island With Additional Seating, And A Contemporary Light Fixture. Use The Glass-Sliding Door Walkout To Access Your Oversized Penthouse Balcony To Enjoy Summer Barbeques, As This Building Permits Their Use, And Admire Gleaming Sunset Views. The Expansive Primary Suite Features A Walk-In Closet With Built-In Storage And A Three-Piece Ensuite With A Glass-Enclosed Shower. The Additional Bedroom And A Four-Piece Bathroom With A Shower / Tub Combination Can Serve Friends And Family Alike. To Tie The Knot On This Property, Convenient In-Unit Laundry Amenities Will Make Daily Chores Manageable. Make Your Condo Dreams A Reality At This Beautiful Property. Visit Our Site For More Info & A 3D Tour! (Id:23934)
CALL1.877.896.6727
Property Price
$729,900
Minimum Down Payment (%)
6.57%
Minimum Down Payment ($)
$47,990
Mortgage Insurance ($)
$27,276
Mortgage Required ($)
$709,186
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$11,073
Mortgage Insurance PST
$2,182
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$62,745
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$58,745
Monthly Payment
$3,961

Mortgages In Innisfil

Innisfil is loaded with potential for home buyers that have a tall criteria list of what they are looking for with their new home and its surrounding neighbourhood. This city can cater beautifully to golfers, beach lovers, park & outdoor enthusiasts, aquatic sports & boating, and a lot more. Edging Cooks Bay and Lake Simcoe, this city has a fantastic housing stock via the real estate market that can embrace all levels of budgets and individual tastes. Nestled between Newmarket and Barrie, home buyers have the best of both worlds with an investment in Innisfil. Are you considering a mortgage loan in order to purchase your new home? Are you aware of all the mortgage products that you may qualify for? For starters, why don't you search through the MLS listings of available homes in this city, and upon finding several that catch your eye... use the Innisfil mortgage calculator? There are so many upsides to using a mortgage calculator; it can work out how much mortgage you can afford, play with different amortization periods, as well as the interest rates & prices of various homes. You will quickly see how the number of years, various interest rates, and the purchase prices affect your monthly payment amount.
Various mortgage products perform differently, so be 'in-the-know' when it comes to what mortgage product you can take on financially and which one will offer you the best performance (after all, an Innisfil home is a long-term investment, hence using a mortgage calculator). Besides all the qualifying parameters that lenders will want to establish with you (yes, shop around and see what lenders will give you the maximum result for your hard-earned money), you should have a sizeable down payment if you want to have your mortgage options to be wide open. If you have at least 20% down payment (based on the value of the home) in hand and money set aside for all closing costs & moving expenses, then lenders will 'bend' further to offer you more of a better interest rate. You can consider locking in an interest rate via a fixed rate mortgage, or you can consider having the prime rate dictate your interest rate via an adjustable rate mortgage or a variable rate mortgage. With a substantial down payment in hand, you may be offered a conventional mortgage. If you do not have a down payment or additional funds set aside, you will be a higher risk to lenders.