West Nipissing 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 Nipissing are eligible for a Land Transfer Tax rebate of up to $4,000

Contact Us

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OR CALL
1.877.896.6727

West Nipissing Mortgage Calculator Examples

Very Clean And Updated 2 Bedroom Cottage Overlooking The Little Sturgeon River. 15 Minutes West Of North Bay And A Short Boat Ride To Beautiful Lake Nipissing. Enjoy The Summer On Your 1.33 Acre Property With Campfires Or Having A Barbeque On Your 30' Deck Overlooking The River. Quick Close Available For Spring Of 2024 Possession. **** Extras **** Includes All Appliances. Shared Well With Water Agreement Registered On Title. See Attachments For Water Agreement, Survey And Legal Description With Property Identified As Partially Lt 12 Parts 2&3. (Id:23934)
CALL1.877.896.6727
Property Price
$359,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$17,995
Mortgage Insurance ($)
$13,676
Mortgage Required ($)
$355,581
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$3,874
Mortgage Insurance PST
$1,094
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$24,463
First Time Home Buyer
Land Transfer Tax Credit
-$3,874
Cash Needed
$20,589
Monthly Payment
$2,036
Paradise! 1 Acre Lake Nipissing Property On An Island Featuring 2 Spacious Well Maintained Cottages! 3Bdrm, 3Pc Bath Log Cabin & 2Bdrm, 2Pc Bath Insulated Cabin, Both With Hydro & Wifi! Private Sandy Beach! Dock With Boat Lift! Lg Decks! Western Exposure To Enjoy Beautiful Sunsets! A Short Boat Ride From Public Boat Ramp With Parking By Bridge! Sheltered Area On Hardwood Island Also Known As Oak Island! The Back Of The Property Boasts Mature Bush With Canadian Shield Offering Great Views Of The Lake. Enjoy During Summer And Winter! Boating,Fishing,Canoeing,Ice Fishing&Skidooing! Keep Warm With Fireplace/ Wood Stove & Electric Baseboard Backup! Furnished, Aluminum Boat & Motor, Youre All Set For Your Tranquil Getaway! Great For Hunters,Anglers,Hikers,Swimmers Or Just Sit And Relax! Miles Of Navigable Waters To Explore Near By, Marked Channels To West Arm & French River Or Up The Sturgeon River To Shop In Sturgeon Falls! From Hw 17 In Verner, Go S On Hw 64 To Lavigne, 5 Star Rating With Airbnb! **** Extras **** All Existing Furniture & Appl Includes Fridges, Stoves, Washer, Dryer, Freezer, Microwave, Aluminum Boat & Motor, 2 Docks&Boat Lift, Shed / Bunkie, Shower In Shed, 2 Out Houses, Hiking Trail, Fishing! Water From Lake. A Well On Property (Id:23934)
CALL1.877.896.6727
Property Price
$579,000
Minimum Down Payment (%)
5.68%
Minimum Down Payment ($)
$32,900
Mortgage Insurance ($)
$21,844
Mortgage Required ($)
$567,944
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$8,055
Mortgage Insurance PST
$1,748
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$44,203
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$40,203
Monthly Payment
$3,252
Welcome To 14 Plante Road, This 1200 Square. Ft. Home Offers Open Concept Main Floor With Vaulted Ceiling, 2 Large Bedrooms, Primary With Walk-In Closet, Main Floor Laundry And A Full Renovated 4 Piece Bath. Downstairs Is A Full Partly Finished Basement Approximately 6' High With Family Room And Office / Den And Plenty Of Storage. Extras Include Newer Propane Furnace, Large Front Deck 50' X 10', Detached 25' X 26' Double Garage, 24' X 26' Barn / Workshop. Owner Is Currently Using The Property As A Small Hobby Farm On 3.5 Acres With A 24' X 26' 3 Stall Horse Barn. Great Starter Or Retirement Homebeing Only 10 Minutes To Public Access / Launch To Lake Nipissing! (Id:23934)
CALL1.877.896.6727
Property Price
$525,000
Minimum Down Payment (%)
5.24%
Minimum Down Payment ($)
$27,500
Mortgage Insurance ($)
$19,900
Mortgage Required ($)
$517,400
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$6,975
Mortgage Insurance PST
$1,592
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$37,567
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$33,567
Monthly Payment
$2,962
Nestled In This Highly Sought-After Prime Upscale Newer Neighbourhood! 82X183 Landscaped Pool Sized Lot! A Covered Entryway Leads You Into This Executive Stone Front 3 + 2 Bedroom, 3 Bath, 2 Kitchens & 2 Laundry Raised Bungalow! 1800Sqft / Main Level Plus Full Finished 2 Bedroom Inlaw In Lower Level! An Elegant Foyer To An Open Concept Living Room & Dining Room With Vaulted Ceilings And A Stunning Gas Fireplace. Beautiful Custom Kitchen With Authentic Cherry Wood Cabinets. Walk-Out From The Cozy Breakfast Nook To A Private Covered Deck Overlooking The Serene Backyard Hedged High For Complete Privacy & The Above Ground Pool. This Breathtaking Home Features Ceramic Tile, Hardwood Flooring & High Ceilings Throughout. Awesome Master Bedroom With Stepped Ceiling Includes An 8X10 Room In Tandem, A Walk-In Closet & A 3 Piece Ensuite With An Air Massage Soaker Tub. 2 More Large Bedrooms & 3 Piece Bath & Laundry Complete The Main Level.This Residence Boasts A Gorgeous Super Spacious 2 Bedroom In-Law Unit With High Ceilings In The Lower Level. Includes A Kitchen, Dining Room, Living Room, 2 Nice Sized Bedrooms, 3 Piece Bath, Laundry & In- Floor Heating Throughout Lower Level. A Storage Loft In The Attached Infloor Heated Garage, Parking For 6 Cars In Large Driveway. Luxury Living Combined With The Serenity Of Nature In This Exceptional Home Offers The Perfect Blend Of Style, Comfort, Charm And Convenience, Making It An Ideal Home For Entertaining & For Large Or Extended Families. Near All Amenities Including Hospital, Schools, Recreation Centre, Pool & More! Too Much To Mention! Dont Delay! Just Move In And Enjoy! **** Extras **** Fridge, 2 Stoves, Washer, Dryer, Built-In Dishwasher,Microwave, Central Air, Central Vac, Smoke Detector, Carbon Monoxide Detector, All Window Coverings, All Light Fixtures, 18' Coleman Above Ground Pool & Equipment, 2- 9X10 Sheds (Id:23934)
CALL1.877.896.6727
Property Price
$699,900
Minimum Down Payment (%)
6.43%
Minimum Down Payment ($)
$44,990
Mortgage Insurance ($)
$26,196
Mortgage Required ($)
$681,106
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$10,473
Mortgage Insurance PST
$2,096
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$59,059
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$55,059
Monthly Payment
$3,900
Welcome To 75 Pike Lake Road, This 2 Bedroom Pana-Bode Log Home Sits On Just Over 31 Acres And Sides On Crown Land, Great For Any Outdoor And Privacy Seeking Individuals. The Home Offers Open Concept Living / Dining And Kitchen Area, Newer Forced Air Propane Furnace And A Beautiful Wood Burning Fireplace. Recent Upgrades Include: Siding, Windows And Doors, Flooring Throughout, 4 Piece Bath And Roof Singles, Large 8' Patio Door Leads You To A Private Patio Great For Entertaining And Relaxing. Book Your Private Viewing Today! (Id:23934)
CALL1.877.896.6727
Property Price
$469,500
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$23,475
Mortgage Insurance ($)
$17,841
Mortgage Required ($)
$463,866
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$5,865
Mortgage Insurance PST
$1,427
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$32,267
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$28,267
Monthly Payment
$2,656