Oro-Medonte 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 Oro-Medonte 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

Oro-Medonte Mortgage Calculator Examples

This Well-Maintained Bungalow Offers A Blend Of Comfort And Style Nestled On Close To An Acre Of Land With No Development Behind. The Home Features An Inviting Eat-In Kitchen And A Separate Dining Area That Opens Onto A Deck Overlooking The Beautifully Landscaped Yard. The Expansive Primary Bedroom Boasts Hardwood Floors, A 3-Piece Ensuite Complete With Laundry Facilities, His & Hers Closets, And Access To An Oversized Deck, Offering A Tranquil Escape. The Fully Finished Basement Includes A Bedroom With A Gas Fireplace, A 3-Piece Bathroom, A Den, Ample Storage, And A Comfortable Recreation Room, Perfect For Relaxation Or Hosting Guests. The Walkout Adds Convenience And Versatility, Ideal For Accommodating Guests Or Potentially Creating An In-Law Suite. Additional Highlights Include A Sturdy Metal Roof And A Natural Gas Hookup For Bbqs. Don't Miss Out On The Chance To Experience The Blend Of Modern Comforts And Timeless Allure In This Desirable Oro Location, Just Minutes Away From Skiing, Barrie, Orillia, And Hwy 400 For Easy Commuting. (Id:23934)
CALL1.877.896.6727
Property Price
$764,900
Minimum Down Payment (%)
6.73%
Minimum Down Payment ($)
$51,490
Mortgage Insurance ($)
$28,536
Mortgage Required ($)
$741,946
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$11,773
Mortgage Insurance PST
$2,283
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$67,046
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$63,046
Monthly Payment
$4,248
Top 5 Reasons You Will Love This Home: 1) This Renovated 3-Bedroom Brick Bungalow Offers A Comfortable And Stylish Living Space, Perfect For Those Who Appreciate Modern Amenities And Quality Craftsmanship; From The Brand-New Kitchen To The Metal Roof And High-End Finishes Throughout, This Home Provides A Haven Of Elegance And Convenience 2) With 121 Feet Of Private, High-Quality Waterfront, Residents Can Indulge In Breathtaking Views Of Serene Waters Right From Their Doorstep, Whether It's Enjoying A Morning Coffee On The Deck Or Hosting Gatherings With Friends And Family By The Water 3) The Availability Of High-Speed Internet And Gas On The Street Ensures Seamless Connectivity And Comfort For Everyday Living, Perfect For If You're Working From Home, Streaming Your Favourite Shows, Or Cooking Up A Storm In The Kitchen 4) The Property Boasts A Range Of Outbuildings, Including A Heated Bunkie Equipped With Heat And Hydro, Plus A Garden Shed And Boathouse For Storage 5) The Home Is Equipped With A Range Of Improvements, Including The Generac Generator, Kinetico Water Softener, Clarke Triple Safe Sump Pump System, And Electric Car Charger, Additionally, The Naylor Systems Dock With Cedar Boards Offers A Durable And Environmentally Friendly Solution For Enjoying Waterfront Activities With Ease. 2,477 Finished.Square.Ft. Age 42. Visit Our Website For More Detailed Information. (Id:23934)
CALL1.877.896.6727
Property Price
$2,100,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$420,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,680,000
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$38,975
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$460,475
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$456,475
Monthly Payment
$9,619
This Stunning Custom-Built Home Sits On Nearly 2 Acres Lined With Mature Trees And Cedars, Offering Privacy And Natural Beauty. With 3785 Square Ft Of Luxurious Living Space, Every Detail Exudes Elegance And Sophistication. The Picturesque Paved Driveway Leads To An Oversized 3-Car Garage, Connecting To The Main Floor Laundry Room. The Main Floor Features A Magnificent Great Room With Vaulted Ceilings, A Wood-Burning Fireplace, And Panoramic Windows Overlooking The Sprawling Yard. The Open-Plan Kitchen Boasts Stone Countertops, A Gas Stove With Hoodless Venting, And A Breakfast Nook That Flows Seamlessly Into The Outdoor Entertainment Space. On Either Side Of The Spacious Foyer, You’Ll Find A Formal Dining Room And A Private Office Or Music Room. Upstairs, The Primary Suite Includes A Huge Walk-In Closet And A 5-Piece Luxury Ensuite With A Soaker Tub, Walk-In Shower, And His & Hers Vanity. Two Additional Bedrooms Share Another Stunning 5-Piece Bathroom. The Private Family Living Room With An Office Nook And Ample Storage Ensures Optimal Space Utilization. The Finished Basement Offers A 3-Bedroom In-Law Suite With A Separate Entrance And Foyer, Full Kitchen, And Garage Access. Outdoor Living Is A Delight With A Large Back Deck That Integrates With The Wrap-Around Front Porch. The Expansive Yard Features A Paved Fire Pit Area, Sizable Vegetable Garden, And Several Mature Fruit Trees. Renowned Braestone Golf Club And The Ktchn Restaurant Are Just Behind The Property, As Well As Other Nearby Amenities Horseshoe Valley Resort, Bass Lake Provincial Park, Hardwood Ski And Bike, Glen Oro Farm, Mount St. Louis Moonstone And Quayles Brewery To Name A Few. Conveniently Located Just 10 Minutes From Orillia And 20 Minutes From Barrie, This Home Perfectly Balances Tranquility And Accessibility. Experience The Lifestyle You've Always Dreamed Of In This Exceptional Custom-Built Home. (Id:23934)
CALL1.877.896.6727
Property Price
$1,774,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$354,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,419,920
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$31,973
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$388,453
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$384,453
Monthly Payment
$8,129
This Well-Maintained Bungalow Offers A Blend Of Comfort And Style Nestled On Close To An Acre Of Land With No Development Behind. The Home Features An Inviting Eat-In Kitchen And A Separate Dining Area That Opens Onto A Deck Overlooking The Beautifully Landscaped Yard. The Expansive Primary Bedroom Boasts Hardwood Floors, A 3-Piece Ensuite Complete With Laundry Facilities, His & Hers Closets, And Access To An Oversized Deck, Offering A Tranquil Escape. The Fully Finished Basement Includes A Bedroom With A Gas Fireplace, A 3-Piece Bathroom, A Den, Ample Storage, And A Comfortable Recreation Room, Perfect For Relaxation Or Hosting Guests. The Walkout Adds Convenience And Versatility, Ideal For Accommodating Guests Or Potentially Creating An In-Law Suite. Additional Highlights Include A Sturdy Metal Roof And A Natural Gas Hookup For Bbqs. Don't Miss Out On The Chance To Experience The Blend Of Modern Comforts And Timeless Allure In This Desirable Oro Location, Just Minutes Away From Skiing, Barrie, Orillia, And Hwy 400 For Easy Commuting. (Id:23934)
CALL1.877.896.6727
Property Price
$764,900
Minimum Down Payment (%)
6.73%
Minimum Down Payment ($)
$51,490
Mortgage Insurance ($)
$28,536
Mortgage Required ($)
$741,946
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$11,773
Mortgage Insurance PST
$2,283
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$67,046
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$63,046
Monthly Payment
$4,248
This Stunning Custom-Built Home Sits On Nearly 2 Acres Lined With Mature Trees And Cedars, Offering Privacy And Natural Beauty. With 3785 Square Ft Of Luxurious Living Space, Every Detail Exudes Elegance And Sophistication. The Picturesque Paved Driveway Leads To An Oversized 3-Car Garage, Connecting To The Main Floor Laundry Room. The Main Floor Features A Magnificent Great Room With Vaulted Ceilings, A Wood-Burning Fireplace, And Panoramic Windows Overlooking The Sprawling Yard. The Open-Plan Kitchen Boasts Stone Countertops, A Gas Stove With Hoodless Venting, And A Breakfast Nook That Flows Seamlessly Into The Outdoor Entertainment Space. On Either Side Of The Spacious Foyer, Youll Find A Formal Dining Room And A Private Office Or Music Room.Upstairs, The Primary Suite Includes A Huge Walk-In Closet And A 5-Piece Luxury Ensuite With A Soaker Tub, Walk-In Shower, And His & Hers Vanity. Two Additional Bedrooms Share Another Stunning 5-Piece Bathroom. The Private Family Living Room With An Office Nook And Ample Storage Ensures Optimal Space Utilization. The Finished Basement Offers A 3-Bedroom In-Law Suite With A Separate Entrance And Foyer, Full Kitchen, And Garage Access. Outdoor Living Is A Delight With A Large Back Deck That Integrates With The Wrap-Around Front Porch. The Expansive Yard Features A Paved Fire Pit Area, Sizable Vegetable Garden, And Several Mature Fruit Trees. Renowned Braestone Golf Club And The Ktchn Restaurant Are Just Behind The Property, As Well As Other Nearby Amenities Horseshoe Valley Resort, Bass Lake Provincial Park, Hardwood Ski And Bike, Glen Oro Farm, Mount St. Louis Moonstone And Quayles Brewery To Name A Few. Conveniently Located Just 10 Minutes From Orillia And 20 Minutes From Barrie, This Home Perfectly Balances Tranquility And Accessibility. Experience The Lifestyle You've Always Dreamed Of In This Exceptional Custom-Built Home. (Id:23934)
CALL1.877.896.6727
Property Price
$1,774,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$354,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,419,920
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$31,973
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$388,453
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$384,453
Monthly Payment
$8,129

Mortgages In Oro-Medonte

Hugging the edges of Lake Simcoe and surrounded by abundant, natural environments, the township of Oro-Medonte is a desirable place for home buyers to hang their hat. Cyclists, skiers, boaters, golfers, hikers and nature-walk strollers will relish using the numerous networks of recreational trails, ski resorts & facilities, golf courses, Lake Simcoe boat launches, and more. Being only a 1-hour drive from the city of Toronto, and a next door neighbor to Barrie, home buyers have no worries when it comes to shopping, dining out, healthcare outlets, parks, schools, and everything in-between. For home buyers that have checked the MLS for this friendly town and are considering a mortgage loan as the outlet to purchase a home, they can utilize the Oro-Medonte mortgage calculator to work up affordability. By analyzing how certain pieces of information come together to sum up a monthly payment amount for a mortgage loan is just the beginning to the benefits that a mortgage calculator provides home buyers. Other calculators can singularly work out an amortization period, just the interest payments based on a specific rate & the type of rate, execute a comparison of two different mortgages, early payoff, and other key strategies of mortgage loans and their breakdowns.
Oro-Medonte offers a super location, excellent housing options that are diverse, a small-town feeling, and great neighbors that also appreciate living outside of the main city hubs and closer to nature. Some of the housing types that home buyers may see on the MLS listings are rustic cabins, single family homes, backsplits, bungalows, executive estates, farm houses, mansions, multi-level houses, and cottages. Using a mortgage calculator will aid in establishing just how much a home will cost each month, all in. Getting the rest of the legwork out of the way is a bit more time-consuming, like securing a lender that is willing to work in your best financial interest with a mortgage loan and mortgage type. Qualifying for a mortgage loan will greatly depend on two things... the criteria of a lender and your financial situation. Some lenders are more lenient then others, so it is a good idea to try to match yourself with a lender that will work in your best interest (providing you with a great mortgage product, better terms & interest rate and will discuss with you any penalty/additional fees that may be imposed down the road). Only agree to a mortgage loan if the mortgage terms are going to work for you over a period of years.