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 Examples

Well Presented Argus Model On A Quiet Crt, With A Great Lot! Good Curb Appeal, With Well Chosen Siding Colours. Very Solid Gas Fireplace And Large Mantle In Large Livingroom Area. Modern Neutral Paint Colours. Laminate Flooring Through Dining / Kitchen. Upgraded Vanity In Main Bath. Very Nice Rear Yard / Lot. Newer High Efficient Gas Furnace With Central Air. Very Reasonable Utilities. This Is A Very Nice Home / Spot To Settle. Great Community Close To Lake / Barrie. Lots Of Amenities, 2 Salt Pools, Fitness Centre, Woodworking Shop, Shuffleboard And On And On. Good Fees. Come And View Today! (Id:23934)
CALL1.877.896.6727
Property Price
$182,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$9,145
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,554
Mortgage Insurance PST
$556
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$12,755
First Time Home Buyer
Land Transfer Tax Credit
-$1,554
Cash Needed
$11,201
Monthly Payment
$809
Sought After New Grand Swan Mdl 2600Sqft On A 38' Lot In The Heart Of Innisfil. The Backyard Has A Great View & Faces A Treed & Open Area. The Basement Features A Walk-Out And Boasts A High Ceiling.This Home Is A Modern Open Concept Design With Beautiful Color Fits & Finishes.4 Well Lit Spacious Bedrooms With Closet Walk-In For Master & Cabinetry. Kitchen Cabinetry Has Been Upgraded With Fridge Enclosure. The Family Room Fireplace Mantle Has Been Upgraded As Well.**** Extras **** Brand New Stainless Steel Fridge, Stove, Dishwasher ,Front Load Washer Dryer.Staircase With Metal Spindles In The Great Room. The Gas Fireplace Mantle Upgd.5Pc Ensuite In Master, 5Pc Joining 2Br&3Br. Just Minutes To New Go Train Station,Parks,Marina. (Id:23934)
CALL1.877.896.6727
Property Price
$699,900
Minimum Down Payment (%)
6.43%
Minimum Down Payment ($)
$44,990
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
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
$3,048
Cozy 3 Bedroom Recently Upgraded Home With Eat-In Kitchen On Large Lot. Walk-Out Basement To Yard &Peaceful Surroundings. Close To 400 & 27, Shopping And Amenities Within Minutes. Hwy 400&404 Bypass Road Approved & Under Construction! Located End Of Main Street. Short Drive To Lake Simcoe Beaches, Outlet, Ski Resorts, Golf &Many Conservation Areas. Great Place To Enjoy Outdoor Recreations! Lengthy Driveway Allows Ample Parking! Great For Residential Or Commercial Use!**** Extras **** Refrigerator, Washer &Dryer, All Light Fixtures & Window Coverings. New Well (2019), Water Heater(2018), Heating Updated Inspected. Newer Furnace, Chimney Liner, Iron Filter, Uv Water Treatment. Natural Gas Available Upon Application (Id:23934)
CALL1.877.896.6727
Property Price
$475,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$23,750
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$5,975
Mortgage Insurance PST
$1,444
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$32,669
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$28,669
Monthly Payment
$2,100
Worry Free Living Here! This Brand New Home Is Ready For Occupancy And Features An Open Great Room In The Main Living Area. All Appliances Included, Built-In Dishwasher, Microwave, Gas Range, Fridge, Hot Water Heater, Central Air-No Rentals! Wide Plank Flooring. Gas Fireplace With Stone Mantle. Master Bedroom Area Has Good Size Walk-In Closet And An Ensuite With Separate Linen Storage. Front Entry Way Has Double Closets. Large Private Rear Deck. Lots Of Cupboard Space. 2 Full Bedrooms And 2 Full Bathrooms. Modern Fixtures Throughout. Move-In Ready! (Id:23934)
CALL1.877.896.6727
Property Price
$259,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$12,995
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$2,374
Mortgage Insurance PST
$790
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$17,659
First Time Home Buyer
Land Transfer Tax Credit
-$2,374
Cash Needed
$15,285
Monthly Payment
$1,149
Here Is Your Chance To Own This Gorgeous, 2 Bedroom, 2 Bath Condo Unit In Prestigious Friday Harbour Resort. The Contemporary Design Of This Incredible Unit Offers 9Ft Ceilings, An Open Concept Great Room With Upgraded Laminate Flooring Throughout, Stainless Steel Appliances, Quartz Countertops, Under Mount Sink, Tile Backsplash, Upgraded Lighting Fixtures, Floor To Ceiling Windows With Water Views From Ever Room, As Well As A Walk-Out To Your Very Own Private Balcony Overlooking The Marina. The 2 Full Baths Offer Quartz Countertops, Upgraded Lighting, And A Gorgeous Glass Shower In The Main Bath. Including 1 Underground Parking As Well As 1 Storage Locker. All Of This Only Steps To The Breathtaking Shores Of Lake Simcoe With The Resorts 1,000 Slip Marina, Fantastic Boardwalk Area With Shops & Dining, The Beach Club, The Lake Club, As Well As The Tennis Club, The Nest Championship Golf Course, & The Hiking Trails Of The Nature Preserve. Friday Harbour Is A Four Season Resort Offering Their Residents Indoor & Outdoor Events & Activities All Year Round, In One Of The Most Picturesque Settings In Our Region. This Is An Opportunity You Don't Want To Miss! (Id:23934)
CALL1.877.896.6727
Property Price
$430,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$21,500
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$5,075
Mortgage Insurance PST
$1,307
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$29,382
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$25,382
Monthly Payment
$1,901

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.