Sudbury Remote Area 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 Sudbury Remote Area 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

Sudbury Remote Area Mortgage Calculator Examples

Welcome To This Newly Built Property In A Great Residential Neighborhood Of Lively. The Main Floor Includes An Open Kitchen, Dining And Living Area, 3 Generous Sized Bedrooms With 2 Full Bathrooms Which Includes An Ensuite Bathroom. The Home Has A Full Unfinished Basement With A Rough In For Future Bathroom. Calling First Time Home Buyers, Investors. This One Is A Must See. (Id:23934)
CALL1.877.896.6727
Property Price
$549,000
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,900
Mortgage Insurance ($)
$20,764
Mortgage Required ($)
$539,864
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,455
Mortgage Insurance PST
$1,661
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$40,516
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$36,516
Monthly Payment
$3,137
Welcome To This Newly Built Property In A Great Residential Neighborhood Of Lively. The Main Floor Includes An Open Kitchen, Dining And Living Area, 3 Generous Sized Bedrooms With 2 Full Bathrooms Which Includes An Ensuite Bathroom. The Home Has A Full Unfinished Basement With A Rough In For Future Bathroom. Calling First Time Home Buyers, Investors. This One Is A Must See. (Id:23934)
CALL1.877.896.6727
Property Price
$549,000
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,900
Mortgage Insurance ($)
$20,764
Mortgage Required ($)
$539,864
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,455
Mortgage Insurance PST
$1,661
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$40,516
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$36,516
Monthly Payment
$3,137
Welcome To This Newly Built Property In A Great Residential Neighborhood Of Lively. The Main Floor Includes An Open Kitchen, Dining And Living Area, 3 Generous Sized Bedrooms With 2 Full Bathrooms Which Includes An Ensuite Bathroom. The Home Has A Full Unfinished Basement With A Rough In For Future Bathroom. Calling First Time Home Buyers, Investors. This One Is A Must See. (Id:23934)
CALL1.877.896.6727
Property Price
$549,000
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,900
Mortgage Insurance ($)
$20,764
Mortgage Required ($)
$539,864
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,455
Mortgage Insurance PST
$1,661
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$40,516
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$36,516
Monthly Payment
$3,137
Welcome To This Newly Built Property In A Great Residential Neighborhood Of Lively. The Main Floor Includes An Open Kitchen, Dining And Living Area, 3 Generous Sized Bedrooms With 2 Full Bathrooms Which Includes An Ensuite Bathroom. The Home Has A Full Unfinished Basement With A Rough In For Future Bathroom. Calling First Time Home Buyers, Investors. This One Is A Must See. (Id:23934)
CALL1.877.896.6727
Property Price
$549,000
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,900
Mortgage Insurance ($)
$20,764
Mortgage Required ($)
$539,864
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,455
Mortgage Insurance PST
$1,661
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$40,516
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$36,516
Monthly Payment
$3,137
Welcome To This Newly Built Property In A Great Residential Neighborhood Of Lively. The Main Floor Includes An Open Kitchen, Dining And Living Area, 3 Generous Sized Bedrooms With 2 Full Bathrooms Which Includes An Ensuite Bathroom. The Home Has A Full Unfinished Basement With A Rough In For Future Bathroom. Calling First Time Home Buyers, Investors. This One Is A Must See. (Id:23934)
CALL1.877.896.6727
Property Price
$549,000
Minimum Down Payment (%)
5.45%
Minimum Down Payment ($)
$29,900
Mortgage Insurance ($)
$20,764
Mortgage Required ($)
$539,864
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,455
Mortgage Insurance PST
$1,661
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$40,516
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$36,516
Monthly Payment
$3,137