Whitchurch-Stouffville 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 Whitchurch-Stouffville 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

Whitchurch-Stouffville Mortgage Calculator Examples

Opportunity Knocks Just Before Interest Rate Cut!30.813 Acres Land! Attention All Investors, Builders, Or Hobby Farm Enthusiasts! Here Is Your Chance To Own 30 Acres Land Just Outside Of Downtown Stouffville! This Lovely Property Is Directly Next To The Hollidge Tract Park. Great Value In The Future! You're Just A Short Drive Away From Aurora, Newmarket, And The 404 Highway, Ensuring Easy Access To Urban Amenities Amidst Peaceful Surroundings. You May Build Your Dream Home Here! Basement Door On The Floor Of The Back Door Side Room. (Id:23934)
CALL1.877.896.6727
Property Price
$1,200,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$240,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$960,000
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$20,475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$261,975
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$257,975
Monthly Payment
$5,496
Stunning End Unit Townhouse That Checks All Of The Boxes. Meticulously Maintained This Home Is Not To Be Missed. The Main Level Features An Open Concept Design With A Gorgeous Kitchen, Custom Build In Cabinetry And Stainless Steel Appliances With A Walk Out To The Deck And Backyard. The Upper Level Has Been Updated With Laminate Floors In All 3 Bedrooms And A Convenient Laundry Area. The Large Open Concept Finished Basement Is The Perfect Canvas For Any Lifestyle Needs. Kids Room, Theatre, Recreation, Home Office And With A 2 Piece Bath You Won't Miss Any Of The Action. Outside The Home You'll See A Beautifully Landscaped Front Entrance With A Custom Flower Bed. Walk Around To The Backyard And You Find Gorgeous Wood Deck And Covered Seating Area With Built In Gazebo, Perfect For Relaxing Anytime. Low Maintenance With No Grass To Cut This Is The Perfect Oasis For Friends And Family To Enjoy. **** Extras **** All Appliances, Light Fixtures, Window Coverings, Gazebo (Id:23934)
CALL1.877.896.6727
Property Price
$1,068,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$213,600
Mortgage Insurance ($)
$0
Mortgage Required ($)
$854,400
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$17,835
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$232,935
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$228,935
Monthly Payment
$4,892
This Meticulously Cared For 4-Bedroom, 3-Bathroom Home Is Perfect For Buyers Seeking Style, Space, And Easy Living. Over 3500 Square Feet Of Living Space! The Main Floor Features A Semi-Open Concept Design With A Sun-Soaked Living Room (Or Office), A Large Connected Family Room To An Eat-In Kitchen, And A Formal Dining Room. The Backyard Oasis, Accessible From The Kitchen, Has A Spacious Deck With Uv-Protected Roofing And Lush Cedars, Offering Unparalleled Privacy And Tranquility. Whether You're Entertaining Guests Or Enjoying A Peaceful Soak In The Hot Tub, This Secluded Escape Is Perfect For Relaxation And Rejuvenation.Upstairs, The Massive Primary Suite Occupies The Entire Back Of The House And Features A Large Walk-In Closet And A Spa-Like Ensuite Bath, Providing A Perfect Retreat From Everyday Life. The Upstairs Also Includes Three Additional Spacious Bedrooms - Even A Second Primary With Walk In Closet, A Laundry Room, And A Walk-In Linen Closet! The Basement Provides Ample Additional Living And Storage Space, Including A ""Man Cave"" Bedroom And A Soundproofed Games / Exercise Or Recreation Room. A Versatile Workshop Offers Endless Possibilities For Hobbies Or Additional Living Space, Making This Home Adaptable To Your Needs.While The Kitchens And Bathrooms Await Your Personal Touch, This Home Has Smart Updates Throughout. Additional Highlights Include A New Gas Stove, Stainless Steel Appliances, Vinyl Windows, 50-Year Shingles Installed In 2019, And A Rough-In For A Basement Bathroom And Kitchen, Offering Added Convenience And Customization Potential. Located In A Highly Sought-After Neighborhood, Just A Short Walk To Schools, Parks, The Library, And All Amenities, This Is A Rare Opportunity To Own A Piece Of Urban Paradise In One Of Stouffville's Most Desirable Communities. **** Extras **** Safe And Sound Noise Cancelling Insulation In The Basement Rooms, Perfect For Gaming And Jam Sessions! Oversized Garage With 240 Wiring Installed. Gas Furnace('16), Central Air ('16), 2019 Roof (Gaf 50 Year Warranty 1-Time Transferable) (Id:23934)
CALL1.877.896.6727
Property Price
$1,388,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$277,600
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,110,400
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$24,235
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$303,335
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$299,335
Monthly Payment
$6,357
Welcome To Your Future Home! Step Into This Beautifully Renovated Property And Experience The Epitome Of Modern Living. Stunning 4 Bedrooms House With Double Garage! Original Owner! Jasper Morden By Fieldgate Builder. Hardwood Flooring Throughout And Hallway On 2Nd Floor. Open Concept, Upgraded Kitchen With Granite Counter Top, New Kitchen Extended Cabinets, Ceramic Backsplash And Contains All California Shutters. Freshly Painted, Upgraded Lights Fixtures. Walk-Out Balcony From The Family Room. Spacious Master Bedroom With Walk-In Closet, All Bedrooms Are In Good Size With Carpets. Pot Lights Are Everywhere Except The Rooms. Garage Door Opener With Remote. Outstanding Neighborhood Facilities With Exceptional Schools, Community Center, And Parks. 3 Mins Drive To Hwy 48, 3 Mins Drive To Metro, Close To Park, Schools, Public Transport, Plazas And All Amenities. Don't Miss Out On The Opportunity To Make This House Your Dream Home! Must See! (Id:23934)
CALL1.877.896.6727
Property Price
$1,550,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$310,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$1,240,000
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$27,475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$338,975
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$334,975
Monthly Payment
$7,099
Appox 7500Sft Above Ground Custom Built Facing Lake On Approx 1 Acre Lot, Impressive Estate.One-Of-A-Kind Greenhouse Original Plan For Indoor Pool & Interior Waterfall From Ceiling To Basement.Skylights.Spacious Breathtaking Lakeview Patio On 2 / F.4Th Bedroom Used As Den Now.10Ft Ceiling Main Flr & Basement! Huge Entertainment Area. Indoor Golf Simulator.Sauna,Steam Bath.Indoor Gym.Heated Garage With Oversize Garage Door.Spectacular Picture Wdws, Cathedral Ceilings. Stunning Interior Conservatory. Eco-Friendly. **** Extras **** All Elf,Wdw Coverings,Stainless Steel Fridge,Gas Stove,Stove With Warmer,Built-In Stainless Steel Microwave&Oven,Dishwasher,Terriyaki Cooking Table With Own Exhaust,Water Filter,Sanitizer,2 Furnaces,2 Cvacs,2 Cacs,2 Air Exchange,Washer&Dryer(Gas Or Elec)Humidifier,Water Tank,Garage Door Opener. (Id:23934)
CALL1.877.896.6727
Property Price
$4,180,000
Minimum Down Payment (%)
20.00%
Minimum Down Payment ($)
$836,000
Mortgage Insurance ($)
$0
Mortgage Required ($)
$3,344,000
Best Mortgage Rate (%)
4.84%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$90,975
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$928,475
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$924,475
Monthly Payment
$19,145

Mortgages In Whitchurch-Stouffville

Ideally positioned only 50 KMs from the downtown core of the city of Toronto, Whitchurch-Stouffville is a special community that possesses position on the Oak Ridges Moraine with rich agriculture, lakes & forested areas. Drawn to this increasingly growing community (thanks largely to entrepreneurs, commercial & industrial sectors) are every age demographic for its 'kid friendly' safe neighbourhoods, singles & couples and business professionals (with direct to Union Station GO Transit services making working in downtown Toronto but living here a breeze). Homes are affordable (with semi-detached, detached, condominiums and townhouses taking the lead in new constructions) and being surrounded by great amenities and golf clubs & courses; it is a win-win for home buyers! The quickest and easiest way to work out affordability with a new home purchase is to use a Whitchurch-Stouffville mortgage calculator. As mortgage loans have become the more desired way of obtaining the money needed to buy a home, a mortgage calculator works out the principal of a mortgage loan and incorporates the interest rate & rate type, the start date of the loan, the payment frequency each month, and the number of years the loan will run before being paid off in full as per the contract with the lender.
Mortgages vary in performance, so it is always a wise strategy for home buyers to learn all there is to know about the products, the mortgage market in Whitchurch-Stouffville, and even how different lenders operate independently. If you already are aware of the differences between a variable rate mortgage, an adjustable rate mortgage, and a fixed rate mortgage, you are well on your way to understanding the diversity of mortgage products and know about the top three most used. When a home buyer has saved enough money to be applied as a down payment, other mortgage product options open up (a conventional or traditional mortgage). Buyers will learn through their lender that splitting a mortgage into two parts and utilizing both a variable rate mortgage and a fixed rate mortgage has benefits (a hybrid mortgage). Seasoned home buyers that have held a mortgage loan in the past will know all too well that there are mortgage products that are designed specifically for previous home ownership (portable mortgage, home equity line of credit, a collateral mortgage & reverse mortgage). A mortgage calculator is just a means of ascertaining quickly monthly payment amount on a mortgage loan; it is when a lender is working out the finer details that the true financial picture is painted out.