West Lincoln Mortgage Calculator

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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 West Lincoln 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

West Lincoln Mortgage Calculator Examples

Two-Story Brick House Perfect For Families. This Beautifully Maintained Residence Boasts An Array Of Features Perfect For Comfortable Family Living. 3 Bedrooms Provide Ample Space For The Entire Family. Enjoy The Convenience Of 2.5 Bathrooms, Including A Beautifully Renovated Primary Ensuite. The Main Floor Boasts A Light Filled Living Room, Large Eat-In Kitchen And A Dedicated Main Floor Laundry And Mudroom. Sliding Doors From The Kitchen To The Fenced-In Backyard, Featuring A Large Deck, Gazebo, And A Hot Tub Offers Space For Children And Pets. The Finished Basement Provides Additional Living Space, Perfect For A Recreation Room, Home Office Or Gym. Plus A Rough-In For Another Bathroom, There's Potential To Customize The Space To Suit Your Needs. Nestled In A Family Friendly Neighborhood In The Heart Of Beautiful Smithville.**** Extras **** Close To All Amenities. Schools, Parks, Shopping Centers, And Restaurants Are Just A Short Drive Away. A Back Gate Opens Directly To The West Lincoln Recreation Center, Providing Easy Access To Various Recreational Activities. (Id:23934)
CALL1.877.896.6727
Property Price
$849,900
Minimum Down Payment (%)
7.06%
Minimum Down Payment ($)
$59,990
Mortgage Insurance ($)
$31,596
Mortgage Required ($)
$821,506
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$13,473
Mortgage Insurance PST
$2,528
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$77,491
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$73,491
Monthly Payment
$4,773
Introducing A Captivating 3 Bedroom, 3 Bath Townhouse Nestled In The Heart Of The Family-Friendly Smithville Neighborhood. This Residence Is Strategically Positioned, Offering Proximity To Schools, Shopping Centers, A Community Park With Picturesque Walking And Bike Trails, And Convenient Transit Options. Step Into A Warm And Inviting Space On The Main Floor, Designed With An Open Concept Living And Dining Area Flooded With Natural Light. The Sun-Filled Kitchen Is A Chef's Delight, Featuring Granite Countertops & Upgraded Stainless Steel Appliances. Venture To The Second Floor, Where A Spacious Loft Awaits. The Grandeur Continues With A Generously-Sized Primary Bedroom Boasting A Luxurious 3-Piece Ensuite And A Walk-In Closet That Meets Your Storage Needs With Style. Don't Miss The Opportunity To Make This Stunning Property Your New Home - Where Comfort, Convenience, And Contemporary Living Converge. Welcome To A Residence That Exceeds Expectations At Every Turn. (Id:23934)
CALL1.877.896.6727
Property Price
$669,000
Minimum Down Payment (%)
6.26%
Minimum Down Payment ($)
$41,900
Mortgage Insurance ($)
$25,084
Mortgage Required ($)
$652,184
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$9,855
Mortgage Insurance PST
$2,007
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$55,262
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$51,262
Monthly Payment
$3,789
Welcome To 36 Creek View Drive, Located In One Of Smithville's Most Desirable Neighborhoods. This Custom 4Bed 4Bath, Offers Over 3500Sqf Of Finished Living Space With Features Throughout Including Granite Counter Tops, Hardwood Floors, Crown Molding, A Home Theatre With Surround Sound, Updated Light Fixtures, A Brand-New Irrigation System, Workshop, Home Gym, 2 Natural Stone Gas Fireplaces And A Three-Season Sunroom. Backing Onto Conservation Lands & The 20 Mile Creek, The View Is Second To None. A View That You Can Enjoy In Your Six-Seater Hot Springs Hot Tub. A Car Enthusiasts Dream Double Car Garage Make Note Of The High-Quality Car Lift (Up To 8000 Pounds) And Professionally Installed Flooring. On The Lower Level You Will Find An Ample Amount Of Storage As Well As Your Own Personal Wine Cellar Perfect For Storing All Of The Goodies You Picked Up While Driving Through Wine Country Just Minutes Away. (Id:23934)
CALL1.877.896.6727
Property Price
$1,199,900
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$239,980
Mortgage Insurance ($)
$0
Mortgage Required ($)
$959,920
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$20,473
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$261,953
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$257,953
Monthly Payment
$5,577
Attractive 1Ac Rural Property Located Near St.Anns - 20 Min / Grimsby, Beamsville & Qew - E Of Smithville. Incs 1365Sf Bungalow (1969) Ftrs Great Room Addition (2007), Sun Room Addition, Multiple Decks, 20' Ag Pool, 2300Sf Ins / Htd Shop With Garage Bay, 8X16 Building, 22X24 Multi-Purpose Building, Triple Drive + 2Nd Drive. Ftrs 10' Hi Foyer, Open Conc. Living / Dining Room, Kitchen Sporting Distressed White Cabinetry, Tile Backsplash & Separate. Pantry, 5Pc Bath Incs Laundry Station, Primary Bedroom, 2Nd Bedroom & Rear Great Room. Extras -3' Crawl Space, Ex. Well, Uv, Septic, Roof'15, Insulated Skirting, P / G Furnace'16, Ac, Wett Certified House & Shop Wood Stoves'21, New Windows S'14, B&B Exterior, 100Amp House, 200 Amp Shop Hydro, 2X12 Octagon Decks, R-20 Attic Insulation, Shop Heater / Ac & Sev. Dog Runs. (Id:23934)
CALL1.877.896.6727
Property Price
$779,000
Minimum Down Payment (%)
6.79%
Minimum Down Payment ($)
$52,900
Mortgage Insurance ($)
$29,044
Mortgage Required ($)
$755,144
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$12,055
Mortgage Insurance PST
$2,324
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$68,779
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$64,779
Monthly Payment
$4,388
Stunning Freehold Town Is Just Minutes To All Amenities Including Niagara On The Lake And Everything Wine Country Has To Offer. This Great Home Built By Marz Homes Has 3 Bedrooms, 2.5 Baths And In Desired Smithville Subdivision. Great Curb Appeal Situated On A Premium 105.48' Deep Lot With Stone, Brick, & Complimenting Vinyl / Stucco Exterior, Attached Garage With A 220 Volt Outlet For Electric Car Chargers, Paved Drive, & Tidy Landscaping. The Flowing Interior Layout Offers 1622 Square Ft Of Living Space Highlighted By Maple Cabinets, Dining Area, Large Living Room, 2 Piece Mf Bath, 3 Spacious Bedrooms Including Primary Suite With Custom Ensuite & Walk In Closet, & Sought After Upper Level Laundry. Feature A Recently Fenced Yard With Adjoining Decks And A New Shed. A Must See!!! (Id:23934)
CALL1.877.896.6727
Property Price
$684,950
Minimum Down Payment (%)
6.35%
Minimum Down Payment ($)
$43,495
Mortgage Insurance ($)
$25,658
Mortgage Required ($)
$667,113
Best Mortgage Rate (%)
4.99%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$10,174
Mortgage Insurance PST
$2,053
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$57,222
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$53,222
Monthly Payment
$3,876