Southgate 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 Southgate 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

Southgate Mortgage Calculator Examples

Formerly The ""Post Office"". Looking To Get Away From The City? This 1896 Old Home Is On A Beautiful 1 Acre Property In The Village Of Cedarville (5 Min North Of Conn). Large Living Room And Kitchen. Huge Master In Its Own Separate Wing Of The House. Kid's Bedrooms Are In Another Wing With A Loft Area Suitable For Playroom / Homework Area. Large Detached Garage / Man Cave.**** Extras **** Septic Has Been Updated (Approx 7 Yrs Ago). Dug Well. Appliances Included. Furnace Is Updated. (Id:23934)
CALL1.877.896.6727
Property Price
$399,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$19,950
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$4,460
Mortgage Insurance PST
$1,213
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$27,123
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$23,123
Monthly Payment
$1,667
This 2 Bedroom Bungalow Is Situated On 10.03 Acres With Separate Workshop Plus 30 X 40 Heated, Insulated, And Powered Detached Shop, Ideal For Handyman Or Horse Barn. Steel Roof, Oak Kitchen Cabinets, Low Maintenance Laminate Flooring & Cozy Woodstove To Supplement Forced Air Oil Furnace. Bright Open Concept With Main Floor Laundry, Two Walkouts & Large Sun Deck.Property Is Cleared At Front & Treed At Rear With Small Pond. Included: Electrical Lighting Fixtures, Window Coverings, Fridge,Stove**** Extras **** Included:Washer / Dryer, Hot Water Tank, Woodstove, Water Softnr / Iron Filter, Upright Freezer (In Shop), 220V Plugin Shop, Dual-Hose Air Conditioner, Zeroturn Mower(52In), Snowblower (Electric 28""), Shelving (In Shop), Door Deadbolt August Lock,2 Yrs Of Split Wood; (Id:23934)
CALL1.877.896.6727
Property Price
$417,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,850
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$4,815
Mortgage Insurance PST
$1,268
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$28,433
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$24,433
Monthly Payment
$1,743
A Must See And An Unbelievable Value! Beautiful Brand New Detached Home On Quiet Street In The Heart Of Dundalk. Gorgeous All Brick Front Exterior, Double Car Garage And Hardwood Floors Throughout, Stainless Steel Appliances, Walkout From Kitchen Area. Master With Walk-In Closet And 4 Piece Ensuite, On Second Floor With Another 3Pc Bath. Close Access To Major Highways, Shopping Centres And 15Mins From Shelbourne, 40Mins From Orangeville.**** Extras **** This Is The Perfect Home For A Growing Family. Sitting On A Great Lot. Deck, Sod And Driveway Will Be Completed This Summer. Gloves And Masks Must Be Worn For Showings And Must Follow All Covid-19 Protocol. (Id:23934)
CALL1.877.896.6727
Property Price
$599,999
Minimum Down Payment (%)
5.83%
Minimum Down Payment ($)
$35,000
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$8,475
Mortgage Insurance PST
$1,808
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$46,783
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$42,783
Monthly Payment
$2,485
Great Home For The Extended Family With 3 Separate Living Spaces! Main House Included 3 Bedroom Home With Bright, Open Concept Living Room / Kitchen / Din Area, Wonderful Sunroom, Office & Ll Recreation Room. 2 With Os To Generous Deck From Sunroom + 1 From Office Ensures Lots Of Natural Light While Beautiful California Shutters Provide Privacy. Many Updates In Last 5 Years: Roof, Siding, Windows, 2Nd Floor Bathroom, Front Porch, New Appliances, Heating Upgrades, Drywall & Painting.**** Extras **** Upper Potential 1 Bedroom Apartment (Living Room 10'5X11'2, Kitchen 10X6'2, Bedroom 9'1X10'6, 3Pc Bath). Lower 1 Bedroom Apartment (Living Room 14'5X10'6, Kitchen 6'8X6'4, Bedroom 10'4X10'0, 4Pc Bath), Above Grade Window,Hardwood / Vinyl Floors. Tenant Hopes To Stay On, Pays $850 / Mo (Id:23934)
CALL1.877.896.6727
Property Price
$474,067
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$23,703
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$5,956
Mortgage Insurance PST
$1,441
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$32,601
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$28,601
Monthly Payment
$1,981
Gorgeous 49 Acre Treed Property With Walking Trails Throughout. Cottage With 1 Bedroom Plus 2 Lofts. Renewed Kitchen, New Floor, New Roof. New Windows And Patio Doors. 20 X 30 Shop. 2 Ponds With Fish And Creek. Year Round Access. 3 Acres At Front That Are Permit Possible For Building. Make This Paradise Your Home! 1Hr To Brampton. 1.5 Hrs To Toronto.**** Extras **** Buyer Or Buyer Agent To Verify With Authorities For Any Or All Building Permits. Please See Attached Offer Summary And Submit With Each Offer. Thanks For Showing. (Id:23934)
CALL1.877.896.6727
Property Price
$499,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$24,995
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$6,473
Mortgage Insurance PST
$1,520
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$34,488
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$30,488
Monthly Payment
$2,089