Woodstock 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 Woodstock 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

Woodstock Mortgage Calculator Examples

Welcome Home To 5 Browning Pl., Woodstock. Be Prepared With A Welcoming Surprise Upon Entrance Of This 3 Bedroom 2 Storey Semi Detached Home…It Is Way Bigger Than It Looks. Enjoy Super Low Heating Costs With The High Efficiency Furnace & Central Air (Aug 2022), All New Insulation, R50 Blown In Attic, Roxul Instillation In Basement, Added Insulation Rigid Foam Behind Exterior Vinyl. All New Windows. This Home Has Been Extensively Updated With Modern Decor And Is Super Stylish. Enjoy Lots Of Natural Light With Large Slider Door, And Bright Cheery Windows. The Updated Kitchen Is An Absolute Delight With So Much Cooking And Cupboard Space, And A Dining Area That Is Great In Size. The Very High End Appliances Are Included. All Bedrooms Are Very Comfortable In Size And The 4Pc Bathroom Is Sure To Impress. The Lower Level Offers So Much Extra Storage Space And An Excellent Family Room. This Lot Is Extremely Pleasing With Mature Trees, Fully Fenced Private Yard, Gorgeous Landscaping, And A Spacious Workshop / Shed. Close To All Amenities, Schools, 401&403. This Home Has Been Loved And Taken Care Of Over The Years, Pride Of Ownership Is Abundant. (Id:23934)
CALL1.877.896.6727
Property Price
$499,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$24,995
Mortgage Insurance ($)
$18,996
Mortgage Required ($)
$493,901
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$6,473
Mortgage Insurance PST
$1,520
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$34,488
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$30,488
Monthly Payment
$2,758
Calling All First Time Home Buyers, Those Looking To Downsize And / Or Invest, This All-Brick Gem Is The Perfect Home For You! This 3 Bedroom, 2 Bath Well Maintained Bungalow Is Exactly What You've Been Waiting To See Listing. Enjoy A Very Functional And Comfortable Layout. Main Floor Offers A Spacious Living Room, Large Dining Room, Galley Style Kitchen With Just The Perfect Amount Of Space For All Your Cooking Needs, 3 Bedrooms And A 4Pc Bathroom. The Lower Level Consists Of An Excellent Family Room / Play Room, May Have Potential For A 4Th Bedroom, Large Utility Room With Lots Of Storage, Laundry Room With Even More Storage, And A Second 3Pc Bathroom. Lot's Of Large Windows For Natural Light. You'll Love The Optimal Sized Fully Fenced Backyard With Shed, And The Over-Sized Driveway. This Home Is Located In A Fabulous Area That Is Close To Shopping / Restaurants, Bus Route Nearby, And 401 / 403 Access. (Id:23934)
CALL1.877.896.6727
Property Price
$499,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$24,995
Mortgage Insurance ($)
$18,996
Mortgage Required ($)
$493,901
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$6,473
Mortgage Insurance PST
$1,520
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$34,488
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$30,488
Monthly Payment
$2,758
Beautiful 5 Bed, 3 Bath 2 Storey Home Situated On A Fully Landscaped Property With A Huge Deck And Pool. High End Upgrades Throughout Combined With A Warm And Spacious Feel. Main Floor Features A 2 P Bath, Separate Office (Possible Bedroom), Dining Room, Eat In Kitchen With Walkout To The Backyard And A Bright And Airy Living Room. Upstairs You'll Find A Full Bath, 4 Large Bedrooms Including The Master Suite With Ensuite And Walk-In Closet. The Recently Finished Basement Features A Large Recreation Room And Another Potential Bedroom. The Backyard Is Perfect For Entertaining; A Large Decked Area Including A Built-In Pergola, An On Ground Pool And A Brick Fire Pit Surrounded By Interlock Stone. Extras Include Quartz Countertops And Concrete Driveway. Close To The Thames, Trails, Parks And Schools. The Perfect Family Home. (Id:23934)
CALL1.877.896.6727
Property Price
$884,900
Minimum Down Payment (%)
7.17%
Minimum Down Payment ($)
$63,490
Mortgage Insurance ($)
$32,856
Mortgage Required ($)
$854,266
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$14,173
Mortgage Insurance PST
$2,629
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$81,792
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$77,792
Monthly Payment
$4,771
Excellent 2 Storey Duplex In A Prime Location Close To Schools, Parks, Shopping, And Restaurants. There Are 2 Two Bedroom Units Nicely Appointed Inside Plus A Good Yard. Laundry In Each Unit. There Is A Carport And Lots Of Driveway Space. Both Units Are Currently Rented And On Lease Agreements. Excellent Opportunity To Buy Income Property. (Id:23934)
CALL1.877.896.6727
Property Price
$599,700
Minimum Down Payment (%)
5.83%
Minimum Down Payment ($)
$34,970
Mortgage Insurance ($)
$22,589
Mortgage Required ($)
$587,319
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$8,469
Mortgage Insurance PST
$1,807
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$46,746
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$42,746
Monthly Payment
$3,280
Just Waiting For A Family To Love! This Charming Extensively Updated Semi-Detached Home Sits On Oxford Street Located In A Neighbourhood Of Woodstock With A Unique Blend Of Older Homes With Mature Trees, Close Parks, Schools, Splash Pad, Pool And On A Bus Route Close To Downtown. From The Moment You Enter The Foyer, There's A Sense Of Space With The Main Floor Having A Bright Front Living Room With Large Windows, Open Concept To The Modern Plywood Kitchen With Soft Close Drawers & Doors, Handy Breakfast Bar And Stainless-Steel Fridge, Stove, Dishwasher And Over Range Microwave. There Is A Formal Dining Room For Those Family Dinners With Patio Doors To A Nice Sized Deck For Entertaining. To Finish Off The Main Floor Is A Sunroom / Mudroom With Direct Access To The Back Yard. The Second Floor Has An Updated 4 Piece Bathroom And Two Bedrooms With New Windows. The Primary Bedroom Is Huge With Lighted His & Hers Closets. This Home Has Such A Great Use Of Space, Having A Professionally Finished Third Bedroom In The Attic With Additional Storage. The Basement Is Partially Finished With A 2-Piece Bathroom, Laundry And An Additional Bonus Room / Den. This Property Is R2 Zoning, 28.81 X 130 Ft Large Lot With An Extra Lot In Back Of Property With Accessible Road Allowance From Drew Street Currently Set Up With 25 Ft X 25 Ft Vegetable Garden & Shed, Perfect For Seasonal Storage / Trailer. If You Want To Build A Garage, There Is Already A Foundation To Start. The Mid Section Of The Backyard Is Fenced And Ideal For Pets. Paved Driveway With Lots Of Parking Space. There Are So Many Features / Updates Including Lighting, Flooring, Drywall & Paint, New Waterproof Flooring Throughout, Countertops, New Heat Venting, Insulation / Vapor Barrier, Bathrooms, New Hydro Stack, 100-Amp Breaker Panel (No Knob & Tube), Copper Plumbing (No Galvanized). It’S Worth Noting With All Of The Upgrades The Utility Bills Are Very Cost-Effective. This Home Is Move-In Ready …. Just Pack Your Bags! (Id:23934)
CALL1.877.896.6727
Property Price
$486,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$24,345
Mortgage Insurance ($)
$18,502
Mortgage Required ($)
$481,057
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$6,213
Mortgage Insurance PST
$1,480
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$33,538
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$29,538
Monthly Payment
$2,687

Mortgages In Woodstock

Sitting in-between London and Brantford and just 128 KMs from Toronto is the great city of Woodstock! With the motto 'a beautiful place to grow', home buyers just know that this city is worth investigating as a possible new place to call home. Great neighbourhoods of tree-lined streets, friendly neighbours, and a sense of real community is only the start to the perks of living here. With a rural agricultural setting outside of a busy urban core, this city can offer great city-convenient amenities, and yet hit the farmer's markets, stroll around in the many parks, or cycle along recreation trails. With a full menu of activities & outlets, home buyers will wonder why they didn't look at this city sooner! The MLS listings reveal a plethora of real estate opportunities, many with affordable price points! Homes here vary, from smaller single family homes all the way up to condos & very spacious multi-level houses, executive townhomes & mansions with lots of private acreage. Comparing mortgage loan products and figuring out monthly affordability on specific homes is super easy when using a Woodstock mortgage calculator. Saving home buyers time and trouble, a mortgage calculator quickly provides a base cost amount monthly on any given property.
After using a mortgage calculator to see how much a home in Woodstock would roughly cost monthly (interest payment included), home buyers, especially first time home buyers, can step it up and talk to a mortgage specialist or broker to secure a financial solution. Mortgage loan products and the mortgage market can come across as highly intimidating, but with an expert mortgage advisor or broker assisting you with sound advice, walking you through the qualifying processes and even prepare the loan application for pre-approval will go a long way to getting you prepared for home ownership. Utilizing the expertise of mortgage professionals will not only show you how to prep your financials to be approved for a mortgage loan but provide you with key 'insider's' advice on what mortgage product will work the best for you. Mortgage products vary and perform quite differently. A variable rate mortgage and an adjustable rate mortgage may both be dictated by the prime rate, but the movement on your interest rate and the monetary difference is applied differently. A fixed rate mortgage's interest rate is locked in for a term which is not dictated by the prime rate, but rather, by the lender themselves. These are just the top three mortgage types, but there are a few more on the mortgage product list.