Peterborough Mortgage Calculator
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Enter the amount that you are planning on paying for the property
STEP 1
Enter property purchase price
Haven't found a property to purchase yet?
Option #1
Option #2
Option #3
Option #4
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Enter the amount that you will pay upfront
toward the property to obtain a mortgage
–
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CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
+
$19,000
$13,950
$11,900
$0.00
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Total mortgage amount is calculated by subtracting
the down payment from the property price and adding
CMHC mortgage insurance (if applicable)
=
$494,000
$463,950
$436,900
$400,000
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Amortization period is length of time that it would take
the mortgage holder to pay off the mortgage in full
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Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
STEP 2
Select province to get current
mortgage rates
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Mortgage type specifies whether the interest
rate is variable or fixed
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Mortgage term is the duration of time that you
are committed to a lender, rate and conditions
?
Mortgage rate is the interest rate that you will
be paying on the outstanding balance for the
duration of the mortgage term
Select
Select
Select
Select
4.59 %
4.64 %
4.64 %
4.74 %
4.79 %
4.99 %
5.09 %
5.14 %
5.14 %
5.39 %
5.39 %
5.49 %
5.74 %
5.74 %
6.49 %
STEP 3
Select one of the mortgage
rates currently available
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Please select how often you would like
to make your mortgage payments.
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
–
–
–
–
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This is an estimate of how much you should expect
to spend upfront in order to make this purchase
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
Peterborough Mortgage Calculator Examples
Wow! Attention First Time Home Buyers! Welcome Home! This Charming 4 Bedroom, 2 Bathroom Brick Bungalow With Gorgeous Curb Appeal Is Bursting With Potential And Inviting Details. Enjoy A Bright Living Room Highlighting Hardwood Floors And Featuring A Large Front Window That Infuses The Home With Natural Light. With A Quaint Eat In Kitchen, Sit Down And Enjoy A Cup Of Coffee While Appreciating The Beautiful Exposed Brick Walls And Original, Rich Wooden Accents That Extends All The Way Down The Hallway Where You Will Find A Beautiful, Newly Renovated 4-Piece Bathroom. There Is Even In-Law Suite Potential With A Fully Finished Basement And Separate Side Entrance. Including Tons Of Parking To Accommodate Multiple Vehicles. This Home Boasts Not Only A Large Front Yard But A Well Manicured And Private Back Yard Featuring Mature Trees And An Enclosed Fence Giving You A Quiet Little Oasis In The Heart Of Sherbrooke. Have The Comfort Of Knowing Your Home Has A Steel Roof With An Inherited Warranty Of Any Homeowner's Dreams. That, Alongside The Fact That You’Re Close To Amenities And Only Minutes From The Hospital, This Home, And It’S Location, Has Convenience And Peace Of Mind. Don’T Miss Your Solid Opportunity To Scoop Up All Of The Outstanding Qualities This Home Has To Offer. It Won't Last Long! (Id:23934)
CALL1.877.896.6727
Property Price
$549,900
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,990
Mortgage Insurance ($)
$20,796
Mortgage Required ($)
$540,706
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,473
Mortgage Insurance PST
$1,664
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$40,627
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$36,627
Monthly Payment
$3,020
Bright, Spacious, Airy, And Meticulously Maintained Family Home, Situated In A Quiet Dead End Street In A Wonderful Location Of The West End Of Peterborough. Great For Large Family Or Room For In-Law Suite. All Brick Raised Bungalow With 2 Car Garage Entry Into Home Large Finished Basement With High Ceilings, 4 Bedrooms. Main Floor Open Concept, Hardwood Floors, Family Room. Lots Of Upgrades Including Metal Roof, New Hvac System(2020), Walk Out To Deck, Professional Landscaping, New Gazebo,. A Perfect Layout For Family Life Entertainment.**** Extras **** See List Of Inclusions Attached, Allot Of Upgrades In This Fabulous Property -Ton's Of Storage. (Id:23934)
CALL1.877.896.6727
Property Price
$812,000
Minimum Down Payment (%)
6.92%
Minimum Down Payment ($)
$56,200
Mortgage Insurance ($)
$30,232
Mortgage Required ($)
$786,032
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$12,715
Mortgage Insurance PST
$2,419
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$72,834
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$68,834
Monthly Payment
$4,390
Lower Buckhorn 4 Season Waterfront Home. Beautiful Clean Waterfront, With Excellent Swimming Off The Dock And Gorgeous Lake-Long Views Of Lower Buckhorn Lake. Property Faces West, And Offers Stunning Sunset And Wildlife Views. Located 5 Min Drive Into Buckhorn, 33 Mins To Downtown Peterborough, And 2 Hours Drive Into Downtown Toronto. This Property Is Situated Among Well Appointed Waterfront Homes, On A Classic Kawartha’S Landscape With Beautiful Granite Bedrock. The Home Offers 3 Bedrooms And 2 Bathrooms, Living Room, Sunroom And Laundry Room (Including Primary Suite With Closet And Ensuite Bathroom And View Of The Lake). Also Offers Tastefully Updated Kitchen With Quartz Counters, Updated Bathrooms, And Freshly Painted Throughout, Property Also Features A Large 21X23ft Detached Garage With Loft / Storage Space Above, As Well As A Bunkie Cabin For Guests. Below The Bunkie The Shoreline Was Landscaped To Allow For A Boat House, Which Has Been Permitted, And Permit Included With The Sale. Included In Sale; Tin Boat With 6 Motor, Marine Rail At Waterfront, Lift Dock, Blue Canoe And Paddle Boat, 10 Cords Of Wood, As Well As Hot Tub. Harbour Point Marina Is Minutes Boat Ride From The Dock, And The Road Is Fully Municipally Maintained. There Are Many Updates Throughout, And A Full List Of Features Is Attached To This Listing. If Your Looking For Some Of The Nicest Quality Waterfront In The Kawarthas, Look No Further! (Id:23934)
CALL1.877.896.6727
Property Price
$1,399,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$279,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,119,920
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$24,473
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$305,953
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$301,953
Monthly Payment
$6,255
Bright, Spacious, Airy, And Meticulously Maintained Family Home, Situated In A Quiet Dead End Street In A Wonderful Location Of The West End Of Peterborough. All Brick Raised Bungalow With 2 Car Garage Entry Into Home Large Finished Basement With High Ceiling And Four Bedrooms. Main Floor Open Concept, Hardwood Floors, Three Bedroom + Family Room. Lots Of Upgrades Including Metal Roof, New Furnace And Access, Hot Water Tank (2020), Walk Out To Deck. A Perfect Layout For Family Life Entertainment. (Id:23934)
CALL1.877.896.6727
Property Price
$812,000
Minimum Down Payment (%)
6.92%
Minimum Down Payment ($)
$56,200
Mortgage Insurance ($)
$30,232
Mortgage Required ($)
$786,032
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$12,715
Mortgage Insurance PST
$2,419
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$72,834
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$68,834
Monthly Payment
$4,390
Pride Of Ownership Shines Throughout This Very Well Maintained 3 Bedroom, 4 Bathroom Home. Situated On A Large City Lot This Property Features A Bright And Updated Eat-In Kitchen, Hardwood Flooring, Fresh Paint, Large Principal Rooms, Main Floor Laundry And Fully Finished Walk-Out Basement That Leads To The Hot Tub, Patio And Inground Pool. Located Just Minutes To Highway 115, Shopping, Restaurants, Walking Trails / Parks And Some Of The Best Schools In The District Make This A Must See. (Id:23934)
CALL1.877.896.6727
Property Price
$784,900
Minimum Down Payment (%)
6.81%
Minimum Down Payment ($)
$53,490
Mortgage Insurance ($)
$29,256
Mortgage Required ($)
$760,666
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$12,173
Mortgage Insurance PST
$2,341
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$69,504
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$65,504
Monthly Payment
$4,248