Peterborough 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 Peterborough 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

Peterborough Mortgage Calculator Examples

One Of A Kind Rare Find In Downtown Peterborough. Built Circa 1853 This Versatile 3 Bedroom, 3 Bath Century Home Sits On A .38 Acre Lot. Zoning Allows For Residential Plus Commercial Unit. Beautiful Hardwood Floors, Large Windows , High Ceilings, Crown Molding, And Stately Circular Drive . Having An Unheard-Of In The Downtown Area Parking Lot For 12 Cars It Makes This Home The Perfect Home / Office. Within Walking Distance To The Courthouse, Parks, Water, Bike Trails Plus Downtown Restaurants And Shopping. There Isn't Much More You Could Ask For Except Maybe A 1200 Square Foot Roof Top Deck Constructed With Composite Decking Including A Cook Station, Wet Bar, An 8 Person Hot Tub And A 12X12 Gazebo It Is Privacy Plus Upstairs And Business Downstairs In This Six Thousand Square Foot Home. This House Has It All And Then Some , Too Many Attributes To List Must Be Seen. (Id:23934)
CALL1.877.896.6727
Property Price
$999,900
Minimum Down Payment (%)
7.50%
Minimum Down Payment ($)
$74,990
Mortgage Insurance ($)
$36,996
Mortgage Required ($)
$961,906
Best Mortgage Rate (%)
1.64%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$16,473
Mortgage Insurance PST
$2,960
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$95,923
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$91,923
Monthly Payment
$3,908
Enjoy The Colourful Sunsets And Panoramic Views From This South-West Facing 2,100 Square. Ft. Penthouse Condominium In Sought After Summit Place. This Unique Contemporary Open Plan Is Bathed In Natural Light, The 24 Vaulted Ceilings, Extraordinary Number Of Windows, Plus Second Storey Loft Add To The Light And Airy Feel Of This Space. The Loft Is Currently Set Up As The Principal Bedroom Complete With Ensuite, Wood Burning Fireplace, Walkout To Rooftop Patio And Open Views. The Main Floor Features A Sun Filled Den, Two Bedrooms, Full Bath, And Main Floor Laundry. This Unit Overlooks The Gorgeous Inground Pool, Evergreens, Mature Trees, And Manicured Gardens. Quiet Well-Maintained Building, Redecorated Foyer / Common Area, Portico Entrance, Two Elevators, Underground Parking. (Heat, Air Conditioning, Water, Building, Grounds Maintenance+++ Included In The Maintenance Fees). Enjoy An Easy Carefree Lifestyle Close To All Amenities In A Gorgeous Setting. Call Today For A Viewing. (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 (%)
1.64%
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
$2,767
Watson Custom Built 3+2 Bedroom, 3 Bath Home In Peterborough's Sought After West End. This Is The 1St Time This House Has Been Offered On The Market! Enjoy The Maple Hardwood Floors, Custom Kitchen And Large Living Spaces. The Main Floor Features A Formal Living Room And Dining Room, Family Room With Breakfast Nook. The 3 Bedrooms Are Large And Include A Master With Ensuite. The Lower Level Features 2 More Beds, A Huge Recreation-Room With Bar, Workshop And Ample Storage. Dont Forget The Large 2 Car Garage And New Deck. (Id:23934)
CALL1.877.896.6727
Property Price
$609,900
Minimum Down Payment (%)
5.90%
Minimum Down Payment ($)
$35,990
Mortgage Insurance ($)
$22,956
Mortgage Required ($)
$596,866
Best Mortgage Rate (%)
1.64%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$8,673
Mortgage Insurance PST
$1,837
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$48,000
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$44,000
Monthly Payment
$2,425
A Polished Gem! This Fully Renovated And Then Some; Two Story 3 Bedroom All Brick Home Centrally Located For Utmost Convenience To All Urban Amenities. This Is A Turn Key Opportunity For Investors Or The Perfect Home For A Family To Build Memories. Please See Attached Documents For The Extensive List Of All New / Renovated Items. This Property Proves To Impress!! (Id:23934)
CALL1.877.896.6727
Property Price
$389,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$19,495
Mortgage Insurance ($)
$14,816
Mortgage Required ($)
$385,221
Best Mortgage Rate (%)
1.64%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$4,324
Mortgage Insurance PST
$1,185
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$26,504
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$22,504
Monthly Payment
$1,565
A Polished Gem! This Fully Renovated And Then Some; Two Story 3 Bedroom All Brick Home Centrally Located For Utmost Convenience To All Urban Amenities. This Is A Turn Key Opportunity For Investors Or The Perfect Home For A Family To Build Memories. Please See Attached Documents For The Extensive List Of All New / Renovated Items. This Property Proves To Impress!! (Id:23934)
CALL1.877.896.6727
Property Price
$389,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$19,495
Mortgage Insurance ($)
$14,816
Mortgage Required ($)
$385,221
Best Mortgage Rate (%)
1.64%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$4,324
Mortgage Insurance PST
$1,185
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$26,504
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$22,504
Monthly Payment
$1,565