Springwater 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 Springwater 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

Springwater Mortgage Calculator Examples

Welcome To 4754 County Rd 90! This Unique Property Is A Perfect Balance Between Your Private Oasis And High Volume Frontage Exposure! With The Zoning, This Is A Once In A Life Time Opportunity To Run Your Own Business From The Comfort Of Your Own Home! Beautiful Bungalow With Lots Of Warm Colors Throughout! No Carpet Anywhere In The Home! Spacious, With An Open Concept, Lots Of Windows Bringing In Natural Light! Must See!**** Extras **** All Existing: Window Covering, Fridge, Stove, Dishwasher, Washer, Dryer, Light Fixtures (Some Exclusions), Life Time Roof And Air Conditioner Unit. Close To Golf Course. (Id:23934)
CALL1.877.896.6727
Property Price
$949,900
Minimum Down Payment (%)
7.37%
Minimum Down Payment ($)
$69,990
Mortgage Insurance ($)
$35,196
Mortgage Required ($)
$915,106
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$15,473
Mortgage Insurance PST
$2,816
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$89,779
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$85,779
Monthly Payment
$3,594
Custom Built Executive Homes... To Be Built...This Model Home Is 2399 Square Ft, 3 Bdrms This Builder Does Picky. Located In Anten Mills In An Area Of Fine Home, Walking Trails, Close To Skiing . (Id:23934)
CALL1.877.896.6727
Property Price
$1,200,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$240,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$960,000
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$20,475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$261,975
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$257,975
Monthly Payment
$3,770
A Remarkable Apto Estate Residence. This Magnificent Bungalow Sits On 2.84 Acres Of Private Landscaped Land, Only 10 Minutes From Barrie. Live A Resort Style Lifestyle In This Dreamy Backyard. Oversized, 20'X40' Inground Pool With Amazing Stonework Surrounding It All. There Is Something For Everyone Back Here. The Fully Fenced South Facing Yard Provides The Most Amount Of Sun, Perfect For The Pool But Also Great For Growing Vegetables And Fruit In The Huge Enclosed Garden. Front And Back, 12 Zone Irrigation System. There Is An Outdoor Kitchen Area With Running Water, Firepit, Lots Of Room To Park All The Toys And Quick Access To Miles Of Trails. As Nice As It Is Out Back, You Will Still Want To Come Inside. A Fantastic Floor Plan Perfectly Suited For Family And Entertaining. Hardwood Floors, A Gourmet Kitchen With Lots Of Storage And A Huge Island, Rich Details And Finishes. The Master Suite Is Cozy And Inviting. Set On The West Side Of The House, Separate From The Other Bedrooms, It's Very Private And Comes Complete With A Fireplace, Large Walk In Closet With Built In Storage, Luxurious Ensuite And A Walkout To A Covered Deck. All Bedrooms Are Of Good Size And Have Large Walk In Closets. The Lower Level Walks Out To The Backyard And Pool. It Features 9Ft Ceilings And Huge Above Grade Windows. The Wow Factors Keep Coming When You Step Into The Lower Level Garage. Separate From The Large 3 Car Heated Garage On The Main Level, The Lower Garage Offers An Overhead Door That Leads To The East Side Of The Estate. This Garage Is Heated And Offers Up So Many Options And Possibilities. What Would You Use This Amazing Space For? Bell Fibe Internet Just Recently Arrived To The Subdivision. A Unique Opportunity, Come Have A Look For Yourself. (Id:23934)
CALL1.877.896.6727
Property Price
$1,968,500
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$393,700
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,574,800
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$35,845
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$431,045
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$427,045
Monthly Payment
$6,185
A Remarkable Apto Estate. This Luxurious Bungalow Sits On 2.84 Acres Of Private Landscaped Land, Only 10 Minutes From Barrie. Live A Resort Style Lifestyle In This Dreamy Backyard. Oversized, 20'X40' Inground Pool, Fully Fenced South Facing Yard Provides The Most Amount Of Sun, Perfect For The Pool But Also Great For Growing Vegetables And Fruit In The Garden. Irrigation System, Outdoor Kitchen, Lots Of Room To Park All The Toys And Access To Trails.**** Extras **** Wow Factor = Two Heated Garages, Great Floor Plan, Hardwood Floors, 9Ft Ceilings, Gourmet Kitchen, Private Master Suite, Walk Out Lower Level. Bell Fibe Recently Brought To Subdivision For Fast Internet. A Unique Opportunity Here. (Id:23934)
CALL1.877.896.6727
Property Price
$1,968,500
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$393,700
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,574,800
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$35,845
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$431,045
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$427,045
Monthly Payment
$6,185
2323 Snow Valley Rd Is Nestled On A Private 21 Acre Estate Lot Surrounded By Trees Offering Space And Privacy In Beautiful Springwater, A Stones Throw From Ski Hills And Golf. The Home Is An Idyllic Rural Retreat Offering All The Luxuries One Would Want Within Close Proximity To All Amenities. Inside You Are Welcome To A Spacious, Yet Cozy Great Room With Hardwood Floors And A Stunning Floor To Ceiling, Double Sided Stone Accent Wall. The Modern Kitchen Has Been Expertly Designed With Sleek Cabinetry Nicely Accented By The Stone Counters And Subway Tile Backsplash. The Master Suite With Large Closet And Spa-Like 4 Piece Ensuite With Walk-In Shower And Relaxing Soaker Tub. The Lower Level Has More Great Space Ready For Guests Or Family Including A Versatile Recreation Room, Additional Kitchen And Dining Area As Well As An Additional Bedroom. Outside There Is A Large Attached Triple Car Garage To Store All Your Toys As Well As An Additional Detached Shop And Ample Parking In The Driveway. The Property Also Features A Selection Of Walking Trails, An Outdoor Sauna, A Hot Tub And Space For An Outdoor Rink. With Over 3,100 Square Feet Of Finished Space, This Home Will Provide You With The Space You Need, While Offering You The Private Country Lifestyle You Desire. (Id:23934)
CALL1.877.896.6727
Property Price
$2,900,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$580,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$2,320,000
Best Mortgage Rate (%)
1.35%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$58,975
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$640,475
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$636,475
Monthly Payment
$9,112