Wasaga Beach 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 Wasaga Beach 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

Wasaga Beach Mortgage Calculator Examples

Welcome To This Spacious 3+2 Bedroom Home With Original Owners. Main Floor 1790 Square Feet Plus 1500 Square Ft Basement Finished By Builder. Great For Growing Family Or Retiree. In-Law Suite Possible. Many Recent Upgrades Include:Shingles 2012, Furnace 2016, New Central Air Conditioning June 2020, Vinyl Siding At Rear, Soffits & Eaves Troughs 2008 ,New Double Shower Ensuite Bath 2019, Newer Windows Throughout. New Kitchen Counters, Sink & Faucet.Large Eat In Kitchen, Walk-Out To Deck. Upgraded Garage Door. Large Eat-In Kitchen With Ceramic Floor And Backsplash, Walkout To Lg Deck. Private Backyard Backing Onto Greenspace. Family Room With Fireplace (Electric Can Be Revertedd To Gas). Lg Master With Ensuite & Spacious Walk In Closet .Finished Basement By The Builder. No Carpet On Main Floor. Main Flr Laundry With Cabinets And Entry To Garage (Id:23934)
CALL1.877.896.6727
Property Price
$559,900
Minimum Down Payment (%)
5.53%
Minimum Down Payment ($)
$30,990
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,673
Mortgage Insurance PST
$1,693
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$41,856
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$37,856
Monthly Payment
$2,327
Great Custom Built Home Located In One Of The Most Desired Subdivisions In Wasaga Beach. Home Has Large Open Concept Foyer / Dining Room / Family Room With Gas Floor To Ceiling Fireplace And Large Kitchen With Eating Nook And Patio Door To Large Trek Deck And Huge Backyard. Home Also Has 2 Bedrooms On One Side Of The House With 5 Piece. Bath And Master Bedroom With 5 Piece. En Suite, Office Area, Large Laundry Room And 2 Piece. Bath With Entrance From Laundry To 3 Car Garage. Lower Level Has 4Th Bedroom, 2 Piece. Bath, Open Concept Games & Theatre Room, Exercise Room And Large Storage Room With Furance. Call Today To View. (Id:23934)
CALL1.877.896.6727
Property Price
$925,000
Minimum Down Payment (%)
7.30%
Minimum Down Payment ($)
$67,500
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$14,975
Mortgage Insurance PST
$2,744
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$86,719
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$82,719
Monthly Payment
$3,772
Luxury Living At The Aqua Building In Wasaga Beach. Enjoy The Sunsets From Your Private Patio And Its Just Steps To The Beach! This Is Truly One Of The Best Views In The Building. Flamingo Floor Plan Is 1265' With 3 Bedrooms And 2.5 Baths. Hardwood Flooring Throughout, Central Air, Fireplace And Barbeque Hook Up. Both Full Baths Have Frameless Glass Showers. Also Has Inground Pool. Quick Closing Availbale. Enjoy This Summer! (Id:23934)
CALL1.877.896.6727
Property Price
$529,900
Minimum Down Payment (%)
5.28%
Minimum Down Payment ($)
$27,990
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,073
Mortgage Insurance PST
$1,606
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$38,169
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$34,169
Monthly Payment
$2,208
Top 5 Reasons You Will Love This Home: 1) Maintained Home With A Bright, Colourful Palette And Plenty Of Living Space 2) 9 High Ceilings With Large Windows Allowing For Lots Of Natural Light 3) Fully-Finished Basement Offering Pocket Doors, 2 Bedrooms, And A Spa-Like Bathroom 4) Potential For An Added Washer And Dryer With A Roughed-In Hook Up On The Main Floor 5) Centrally Located In A Quiet Neighbourhood Within Walking Distance To Wasage Beach Area One. 2,250 Finished.Square.Ft. Age 10. For Info, Photos & Video, Visit Our Website. (Id:23934)
CALL1.877.896.6727
Property Price
$599,000
Minimum Down Payment (%)
5.83%
Minimum Down Payment ($)
$34,900
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$8,455
Mortgage Insurance PST
$1,805
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$46,660
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$42,660
Monthly Payment
$2,481
Stunning Raised Bungalow In A Quite, Family-Friendly Street. Meticulously Maintained Home With A Fully-Finished Walkout Basement. No Direct Neighbors At The Back. Over 2,400 Sf Of Living Space. New Kitchen Appliances (2019). Hardwood And Laminate Throughout. Walking Distance To The Wasaga Beach Provincial Park Trails And Short Drive To Beach Area 4 Resident Parking.**** Extras **** Large Pie-Shaped Yard With A Fire Pit And A Tool Shed. Included: Appliances- Fridge, Stove, Washer, Dryer, Dishwasher; Window Coverings And Light Fixtures. (Id:23934)
CALL1.877.896.6727
Property Price
$574,980
Minimum Down Payment (%)
5.65%
Minimum Down Payment ($)
$32,498
Best Mortgage Rate (%)
1.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$7,975
Mortgage Insurance PST
$1,736
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$43,709
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$39,709
Monthly Payment
$2,386

Mortgages In Wasaga Beach

To live year round by the longest freshwater white sand beach on the planet is just one of the many perks for home buyers that are eyeing Wasaga Beach MLS listings for their new home! The fun never ends in this city for its 'touristy' attractions like skydiving, fishing in Nottawasaga River, numerous recreational trails for cross country skiing, snowmobiling, skiing, hiking & cycling, spas, canoeing, and so much more! Dining, shopping and exploring in this city is incredible, not to mention that it sits only 90 minutes away from Toronto! Home buyers will fall in love with the real estate collection here for its scope of newer & mature homes of all dimensions and price points. Using a Wasaga Beach mortgage calculator will help you with how much the monthly payment would be against a mortgage loan. After trying out a mortgage calculator to understand where your affordability level is, and after you have found a home that would be ideal for you and your family, you can discover the varied collection of mortgage products. Lenders that deal in mortgage products are credit unions, banks, loan companies, mortgage companies, trust companies & insurance companies, so you have an opportunity to compare lenders and what they are offering for conditions & interest rates.
Just like your intentions to choosing the right home in Wasaga Beach that you will be comfortable in, your lender should be just as 'comfy feeling'. A mortgage calculator will only provide you with a basic idea of the bottom line, for your lender will crunch though all the important financial information (your finances and all the bits of information about the home) to give you an accurate bottom line. The varying types of mortgage products basically work with time and interest, so in other words, the longer you carry the mortgage loan, the more interest you will pay on it over time. Your interest rate will also depend on the type of mortgage product you and your lender choose and how much of a risk you pose to your lender. If you are armed with a solid income, great credit rating, assets, money saved, and a sizeable down payment, you pose less risk to the lender and may be offered a lower interest rate. The key here is to secure your lender and be pre-qualified or even pre-approved so you know exactly how much mortgage loan you are working with and have the freedom to make an offer on a home.