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

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 A Creek. Year Round Access. 3 Acres At Front That Are Permit Possible For Building. Make This Paradise Your Home! 1Hr To Brampton. 1.5Hrs To Toronto.**** Extras **** Buyer Or Buyer Agent To Verify With Authorities For Any And All Building Permits. Please See Attached Offer Summary (Form 801) And Submit With Each Offer. Thanks For Showin (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
3 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
Beautifu Upgraded Raised Bungalow Ready To Move In, 4 Beds 3 Baths With Finished Basement, Modern Eat In Kitchen With Breakfast Area, Walk-Out To Beautiful Deck With Glass Railing & Gazebo, Hardwood Floor In Living & Dining. Master Has Walk-In Closet With 4Pc En-Suite Washroom. Lower Level Family Room With Gas Fireplace, 4Th Bed & 3Pc Ensuite. Attached 2 Car Garage . Paving Stone Steps To Grand Entrance, Paved Driveway & Much More... Don't Miss It!!!**** Extras **** Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel Dishwasher, Washer, Dryer, Garage Door Opener. (Id:23934)
CALL1.877.896.6727
Property Price
$549,900
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,990
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 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
$2,287
Come Have A Look At Well Kept ,Beautifully Land Escaped With Pond This Beautiful Bungalow With I.C.F Foundation Sits On 2.11 Acres.Breath Taking Environment In Todays Stressful Life.The Main Level Of This Home Offers 3 Brs & 2 Bathrooms, Laundry & Hdwd & Carpet Flrs. The Main Floor Layout Is Very Open+Perfect.Nice Kitchen. Large Attached Heated Double Car Garage To Store Your Car & Toys. Good Size Garden Shed. Roof Done 2 Yrs, Over $100,000.00 Spent Recently.**** Extras **** 2 Fridges, 2 Stoves, 2 Dishwashers, Washer, Dryer, Garden Shed. All Sellers Names - Mckenna, Pauline Mae; Mckenna, Robert Bruce; Mckenna, Denise Ann; Mckenna, Gregory Frederick Bruce. (Id:23934)
CALL1.877.896.6727
Property Price
$679,900
Minimum Down Payment (%)
6.32%
Minimum Down Payment ($)
$42,990
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$10,073
Mortgage Insurance PST
$2,038
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$56,601
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$52,601
Monthly Payment
$2,802
Upgraded Raised Bungalow 4 Bed 2 Bath. U Shaped Kitchen With Plenty Of Counter & Storage Space. Combined Dining Room With Walk Out To Huge Deck & Backyard. Master Bedroom With His & Hers Closets Has Semi Ensuite Privilege To Upgraded Main 4Pc Bath. Large Lower Level Recreation. Room With Freestanding Gas Stove, 3Pc Bath, 4Th Bedroom & Laundry With Storage & Cold Room. Beautiful Landscaped Yard With Mature Trees & Perennial Gardens.**** Extras **** Large 2 Car Garage With Work Shop & Extra Storage Space. (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
3 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
2978 Sf All-Brick 4 Bedroom, 4 Bath 2-Storey Home Built In 2018. The ""Algonquin Model"" Is One Of The Largest Homes In The Edgewood Greens Dev & Is Situated On A Generous 51.5' X 117.5' Lot With No Homes Directly Behind. 290+ Sf Master Bedroom With 5-Piece Ensuite Bath & Spacious Walk-In Closet. 2Nd Bed Boasts His / Her Walk-In Closets & A 4-Piece Ensuite. Ceramic Floors Throughout Kitchen, Breakfast Room, Laundry & All Baths. Inside Access To Full Double Garage.**** Extras **** Builder Upgrades Included; All-Brick Exterior, 9' Main Floor Ceiling, Gas F / Place In Family Room, Stained Oak Staircase, Main Flr Sunken Laundry Room, Rear Garage Entrance.,Cold Cellar. 60 Mins To Brampton. Electrical Lighting Fixtures, Bosch Gas Stove & Stainless Steel Fridge Included. Hot Water Tank (Rental) Id:23934)
CALL1.877.896.6727
Property Price
$619,900
Minimum Down Payment (%)
5.97%
Minimum Down Payment ($)
$36,990
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$8,873
Mortgage Insurance PST
$1,865
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$49,228
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$45,228
Monthly Payment
$2,564