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

Imagine Living In A Gated 26-Ac Green Paradise Surrounded By Creeks And Mature Forest. This Luxury House: 5 Bed 4 Bath 1 Loft 4650 Square Feet Plus 1800 Square Feet Finished Basemt, In Grd Swming Pool. Over 8K Square Feet Of Modern Barn / Workshop / Office Spaces All Complete With Heating And Air Conditioning. Natural Gas, Water, Utilities Cable& Hydro Are Connected. Living Area & Work Is Separated. All Roads Are Paved. Mins To Hamilton Efrida Shopping Center & The Red Hill Hyw / Qew.**** Extras **** 50 Mins To The Toront Intern Airport! A Rare Optunity. Built From Scratch, The Seller Has Proudly Owned And Operated A Well-Known Business For Over 35 Years Here. Is It Now Your Turn To Take Over This Great Property And Prosper? Act Now ! (Id:23934)
CALL1.877.896.6727
Property Price
$4,590,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$918,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$3,672,000
Best Mortgage Rate (%)
2.70%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$101,225
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$1,020,725
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$1,016,725
Monthly Payment
$16,817
A Rear Investment Opportunity! Escape To The Country. This 50 Acre Property Is The Private Retreat That You Have Been Looking For. 30 Acre Private Forest And 20 Acre Hay Field With Approx. 1,000 Ft Of Frontage. Enjoy Unbelievable Sunset Views From Beautiful Wrap Around Wood Deck And Porch. Brick Bungalow / Elevated Ranch With Walk Out Basement And Inlaw Suite. Recent Water Well (2021) With High Quality Water Treatment System, High Efficiency Furnace And C / Air (2021). Main Floor Kitchen And Main Bath Upgraded With Recent Quarz Countertops, 2Nd Kitchen In Lower Level With 4 Sinks, Outdoor Kitchen With Pizza Oven And Sink. Main Level Includes: Eating Kitchen, Bright And Spacious Living Room With Fireplace, Separate Dining Room, 3 Bedrooms, 5 Piece Bath With Ensuite Privilege. Lower Level: Kitchen, 1 Bedroom, 4 Piece Bath, Generous Size Family Room With Walk Out To Porch. Recent Heavy Duty Fence. 2000 Spruce Trees Planted In 2016. 5 Gazebos With Tables And Benches, Kids Playgrounds. Multiple Outbuildings On Property Give You Lots Of Space To Engage In Your Hobbies. Lots Of Potential! Connect With Nature And Watch Your Stress Level Disappear. Room Sizes Approx. (Id:23934)
CALL1.877.896.6727
Property Price
$3,999,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$799,800
Mortgage Insurance ($)
$0
Mortgage Required ($)
$3,199,200
Best Mortgage Rate (%)
2.70%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$86,450
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$887,750
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$883,750
Monthly Payment
$14,652
This 8.34 Acre Property Is On The Shore Of The Welland River, The Century Home Was Built Before The 1900'S And Features 4 Bedrooms, Newly Renovated Washroom, Updated Country Kitchen, And Cozy Family Room, Dream Outbuilding Is A Two Storey Barn / Workshop Built In 1975 Has Limitless Possibilities, Oil Tank 2015 & Washroom Renovated In 2020**** Extras **** Inclusions: Fridge, Stove, Dishwasher, Washer, Dryer, Above Ground Pool, Pool Heater (Id:23934)
CALL1.877.896.6727
Property Price
$1,175,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$235,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$940,000
Best Mortgage Rate (%)
2.70%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$19,975
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$256,475
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$252,475
Monthly Payment
$4,305
Modern Country Charm ... Updated 4 Bedroom, 2 Bathroom, 2300+ Square Ft Century Home Nestled At 2478 St. Anns Road On A Lush And Mature 82.5 X 180 Property In West Lincoln (St. Anns). Bright & Spacious Newer Eat-In Kitchen (2015) Boasts Quartz Counter Tops And Breakfast Bar Island (Soft Close Cabinets!), Abundant Cabinetry, New Stainless Steel Appliances (2021), Gas Stove, Pot Lights, Ceramic Tile Flooring Plus Separate Dining Area. Walk Out Through Patio Doors To The Deck And Xl Private Yard. Massive Living Room Features A Cozy Gas Fireplace And Additional Entry To The Front Of Property. 4-Piece Bathroom With Laundry Completes The Main Level. Upper Level Offers Access By Two Separate Stairways, An Xl Primary Bedroom With Private Balcony Overlooking The Back Yard, 3 More Bedrooms With Berber Carpet & A 3-Piece Bath. Double Drive With Parking For 6 Cars + Shed For Storage. Updates Include Appliances 2021, Front Door 2019, Hot Water Tank 2017, Furnace & Basement Waterproofing 2017, Air Conditioner & Septic Tank 2016 / 17, Kitchen 2015, Windows. Just Minutes From The Town Of Smithville With All Amenities, Health Care, Schools, Recreation Centre, Parks & More. 20 Minutes To Qew. Click On Multimedia For Virtual Tour, Photos & More. (Id:23934)
CALL1.877.896.6727
Property Price
$749,900
Minimum Down Payment (%)
6.67%
Minimum Down Payment ($)
$49,990
Mortgage Insurance ($)
$27,996
Mortgage Required ($)
$727,906
Best Mortgage Rate (%)
2.70%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$11,473
Mortgage Insurance PST
$2,240
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$65,203
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$61,203
Monthly Payment
$3,334
Welcome To 63 Forestview Court In Beautiful Smithville. This Freehold Bungalow Townhome Offers Comfort Living At Its Best. The Home Features Open Concept Living Which Offers 2 Bedrooms On The Main Level And 1.5 Bathrooms Along With Main Floor Laundry. The Basement Features Another Bedroom Along With A Full 4Pc Bathroom And A Great Recreation Room That Could Be A Great Family Room Or Office Space. This Town Is A Must See And Shouldn't Be Overlooked.**** Extras **** Inclusions: Fridge, Stove, Dishwasher, Window Blinds (Not Curtains), All Light Fixtures, Remote Garage Door Opener. (Id:23934)
CALL1.877.896.6727
Property Price
$799,990
Minimum Down Payment (%)
6.87%
Minimum Down Payment ($)
$54,999
Mortgage Insurance ($)
$29,800
Mortgage Required ($)
$774,791
Best Mortgage Rate (%)
2.70%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$12,475
Mortgage Insurance PST
$2,384
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$71,358
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$67,358
Monthly Payment
$3,548