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 Examples

Walk To The Beach! This 3 Bdrms, 2 Full Bath Home Offers 1,300 Square. Ft Of Fully Renovated Liv Space With New Flooring, Freshly Painted Inside & Out, Updated Baths & Kitch Plus A New Roof In 2019. This Home Is Move-In Ready! Enter Into A Foyer On The Grnd Level With Walkout To Backyard & Access To A Brand New Deck & Bar Area To Extend Your Space For Summer Entertaining, 2 Bdrms, One Of Which Has A Sitting Nook, & A 3 Piece Bath. Upstairs Continues With Modern Updates & Rustic Flair Of Barnboard Accents. A Quaint Kitch With Stainless Steel Appliances, Backsplash, & New Light Fixtures Overlooks A Clear View To The Waters Edge. Kitchen Is Nicely Situated With A Butcher Block Island & Flows Into The Liv Area Wall-To-Wall / O To A Lrg Wrap Around Deck & The 3Rd Bedroom. The 2Nd Level Is Completed With Another Fully Renovated 4 Piece Bath. Parking For 4-5 Cars, A Low Maintenance Partially Fenced Lot Offers The Great Location Of Being Steps To The Beach, Provincial Parks, Marina, Schools, Public Transit And So Much More. (Id:23934)
CALL1.877.896.6727
Property Price
$479,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$23,950
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$6,055
Mortgage Insurance PST
$1,456
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$32,961
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$28,961
Monthly Payment
$2,118
Charming 2+2 Bedroom, 2 Full Bath 1,008 Square Feet Bungalow With Finished Basement In Silver Birch Subdivision. Open Concept Main Floor Offers Kitchen, 2 Bedrooms, & Dining Room, As Well As A Living Room Featuring A Cozy Gas Fireplace. Kitchen Walks Out To A Large Composite Deck & Private Yard With In-Ground Sprinkler System. A Fully Finished Basement Offers 2 More Bedrooms, Full Bathroom And A Large Recreation Room For All Your Relaxation Needs. All On A Quiet Crescent.**** Extras **** New Windows & Doors In 2017. Newer Roof. Garage Door Opener Included. Included: Fridge, Stove, Washer, Dryer, Dishwasher (Id:23934)
CALL1.877.896.6727
Property Price
$419,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,995
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$4,873
Mortgage Insurance PST
$1,276
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$28,644
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$24,644
Monthly Payment
$1,856
Comfortable Living In This 4 Season Mobile Home Located In Cedar Grove Park. 944 Square Ft, Includes Open Concept Kitchen, Living And Dining Room, 1 Bedroom And Den (Or Small Bedroom), Spacious Laundry Room, 4Pc Bath, 1Pc Bath And 5 Skylights Which Lets The Sunlight Shine In! 2 Sheds Side By Side 8X8 & 6X8 Fully Insulated With Electricity And Even Extra Storage Space In The Attic. Enjoy Direct Access To Park's Private Beach On The Shores Of Georgian Bay! Perfect Starter Home, Cottage Get-A-Way, Or Your Retirement Palace. A True Diamond In The Rough Just Needs A Little Tlc. Monthly Land Lease Includes Current Base Rent + Taxes +Water / Sewer, Currently At $498. New Owner To Verify New Monthly Base Rent With Park Management. (Id:23934)
CALL1.877.896.6727
Property Price
$79,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$3,995
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$524
Mortgage Insurance PST
$243
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$6,262
First Time Home Buyer
Land Transfer Tax Credit
-$524
Cash Needed
$5,738
Monthly Payment
$353
Comfortable Living In This 4 Season Mobile Home Located In Cedar Grove Park. 944 Square Ft, Includes Open Concept Kitchen, Living And Dining Room, 1 Bedroom And Den (Or Small Bedroom), Spacious Laundry Room, 4Pc Bath, 1Pc Bath And 5 Skylights Which Lets The Sunlight Shine In! 2 Sheds Side By Side 8X8 & 6X8 Fully Insulated With Electricity And Even Extra Storage Space In The Attic. Enjoy Direct Access To Park's Private Beach On The Shores Of Georgian Bay!**** Extras **** Perfect Starter Home,Cottage Get-A-Way,Or Your Retirement Palace.A True Diamond In The Rough Just Needs A Little Tlc.Monthly Land Lease Includes Current Base Rent+Taxes+Water / Sewer,Currently At $498. (Id:23934)
CALL1.877.896.6727
Property Price
$79,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$3,995
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$524
Mortgage Insurance PST
$243
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$6,262
First Time Home Buyer
Land Transfer Tax Credit
-$524
Cash Needed
$5,738
Monthly Payment
$353
Top 5 Reasons You Will Love This Home: 1) Situated In The Private And Gated Meadows Retirement Community 2) Great Open-Concept Layout Great For Entertaining Family And Guests 3) Large Backyard Featuring A 10 X 16 Covered Porch Backing A Pond 4) Year-Round Residence Available For Complete Convenience 5) Outstanding Amenities Including 5 Pools, Sports Courts, And More. Age 13. For Info, Photos & Video, Visit Our Website. (Id:23934)
CALL1.877.896.6727
Property Price
$214,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$10,745
Best Mortgage Rate (%)
2.49%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,874
Mortgage Insurance PST
$653
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$14,772
First Time Home Buyer
Land Transfer Tax Credit
-$1,874
Cash Needed
$12,898
Monthly Payment
$950

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.