Saskatchewan 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
+
$0
$0
$0
$0
Lawyer Fee
+
$1,000
$1,000
$1,000
$1,000
Title Insurance
+
$500
$500
$500
$500
Land Transfer Tax
+
Total Cash Needed
=
$28,020*
$52,616*
$77,457*
$101,500*
* Plus Land Transfer Tax, please select Saskatchewan city to calculate Land Transfer Tax

Contact Us

First Name
Last Name
Email
Phone
Message (Optional)
OR CALL
1.877.896.6727

Saskatchewan Mortgage Calculator Examples

This Condo Is Newly Completed And Never Lived In. The Garage Is Lined Insulated And Heated. You Enter From The Garage Into The Main Level. There Is A Large Storage Area As You Enter. The Bonus Room Has A Two Piece Bathroom With Access To The Lower Patio. The Main Entry Has A Foyer With Closet. The Second Floor Has A Bedroom, And Bathroom. The Kitchen Has White Cabinets And Open Floor Plan With Eating Area, And Living Room. There Is A Gas Fireplace And Direct Access To The Composite Deck. The Third Floor Has Large Master Suite With Walk In Closet And Ensuite Bathroom. There Are Two Additional Bedrooms, And A Full Bathroom On This Level. (Id:23934)
CALL1.877.896.6727
Property Price
$249,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$12,450
Best Mortgage Rate (%)
1.95%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$772
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$14,722
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$14,722
Monthly Payment
$1,036
528 Palmer Crescent Is The Last Home To Built On This Beautiful Street Which Skirts The Golf Course And Walking Trails Of The Legends On Warman's North End. Built By Neuhomes Ltd. You Know That No Shortcuts Have Been Taken And Only Tested And Quality Materials Have Been Used. From The Street And Throughout The Interior Of The Home, The Property Has A Contemporary Farmhouse Appeal With A Number Of Custom Details Like Board And Baton Feature Walls, Tray Ceiling, Blum Custom Kitchen, Furniture Style Vanities Etc. Not Only Are The Appliances Included In The Purchase Price, But The Basement Has Also Been Developed With A Large Family Room, Taking This Space From 1,270Sqft To A Home That Has More Than Enough Room To Accommodate Your Family And Guests. Call Today To Arrange Your Own Private Viewing (Id:23934)
CALL1.877.896.6727
Property Price
$409,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,495
Best Mortgage Rate (%)
1.95%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,255
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$23,250
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$23,250
Monthly Payment
$1,705
Well Kept 1500 Square. Ft. 1 1 / 2 Storey Home. Includes Main Floor Laundry & 3 Pce. Bath Combo With 4 Bedrooms, 2 Up And 2 Down. Yard Is Landscaped With Large Deck. Garage Requires Tlc. Awesome Starter Or Revenue Property. (Id:23934)
CALL1.877.896.6727
Property Price
$64,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$3,245
Best Mortgage Rate (%)
1.95%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$220
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$4,965
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$4,965
Monthly Payment
$270
Edging A Quiet Crescent, Neighbouring Green Space, And Kitty Corner To Elmwood Golf Course, This 2 Bedroom Bungalow Is The Best Of Both Worlds When It Comes To Privacy And City Living. Located On A Large Corner Lot, The Mature Landscaped Yard Holds A Fully Fenced Side Yard, Two Cement Parking Pads, And A Carport That Bridges The 1X Car Garage To The Main House. The Garage Is Both Heated And Insulated And, For The Automative Hobbyist, An Electronic Hoist Is Conveniently Installed In The Ceiling. The Front Entrance Opens To A Spacious Open Concept Main Living Area With Hardwood Flooring And Oak Trim Details. A Sunken Living Room, Complete With A Gas Fireplace, Provides A Sense Of Separation Without Impeding On Sight-Lines To The Kitchen And Dining Area. An Island With Seating Anchors The Crisp White Cabinetry In The Kitchen Where It Is Met By A Built-In Dishwasher And A Large Bay Window Above The Sink. Down The Hall, A 3-Piece Bathroom Is Equipped With A New Vanity, Modern Vinyl Plank Flooring And An Elegant Claw-Foot Tub. Between Two Spacious Bedrooms, An Equally Spacious Office Houses French Doors Leading To The Private Fenced Yard. Mature Trees Add To The Sense Of Privacy And Provide Shade To The Seating Areas And To The Built-In Hot Tub. Although The Entire Space Is Covered In Low Maintenance Decking, If Preferred, The Current Owner Is More Than Happy To Add Sod To Partially Of The Fenced Area. Back Inside, The Lower Level Family Room Is Complete With A Gas Fire Place And A Wide Archway, Dividing The Space For Multi-Use. Just Off The Living Room, There Is A Spacious Spa-Like Bathroom With A Jetted Corner Tub And Separate Shower. The Basement Also Holds A Den, A Laundry Area, And A Storage / Furnace Room. Call For More Information Or Your Personal Showing. (Id:23934)
CALL1.877.896.6727
Property Price
$355,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$17,750
Best Mortgage Rate (%)
1.95%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,090
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$20,340
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$20,340
Monthly Payment
$1,477
Enjoyment And Entertaining Is The Focus Of This Home. The Back Yard Is Overlooked By An Elegant All Season Sunroom Which Contains Its Own Kitchen Area. The Rooms Walls Are Non-Glare Glass And The Travertine Tiles Provide Infloor Heat. This Room Opens To A Family Room, Cozy Enough For An Intimate Gathering Or Spacious Enough For A Good Crowd. This Executive Home Is Move In Ready And Has Been Upgraded To An Exceptional Standard With Attention To Details. Exceptional Value Offering An Exceptional Life Style. The Perfect Family Gift! The Yard Is Low Maintenance And Very Private And Elegant. Surrounded With Secure Privacy Fencing The Outskirts Of The Yard Contains Low Maintenance Perennials And Shrubs That Make A Stunning Backdrop To The Yard. The Pool With Wrap Around Decking Is The Focus For Family Enjoyment And Elegant Entertaining. The Gazebo Deck Offers A Natural Gas Barbeque / Outdoor Kitchen For Your Entertaining, While The Main Focus Is The High Quality, Well Maintained Pool With Diving Board, And A Hot Tub For Relaxation. Features: Exterior: Professionally Landscaped With Ugg Sprinklers Exterior Painted -2016 Shingles-2016 Privacy Fencing-2016 / 17 Barbeque Stainless Steel Kitchen Included With Gazebo Surround Sound Exterior Speakers Pool: Hot Tub Easy To Maintain Heated Pool With Winter Cover Easy Roll Up - Solar Safety Cover Pool Shack - All Pool Supplies Easy Access To Pipes With Quick Connects Safety-Alarm Sensor For Pool Cover Interior: Extensively Renovated Executive Standards- Dates Approximate Ee Furnace 2013 With Ductwork Ac-2018 Custom Trims And Railings-2017 Window Upgrade Dual Ee Argon 2018 Interior Paint And Flooring Reverse Osmosis To All Taps- Bar Taps Heated Travertine Tiles Sunroom: Kitchen Wet Bar With Fridge, Sink And Full Cabinets Stainless Steel Appliances Ecobee Thermostat Gas Fireplace This Is Living! Vacation In Your Backyard 360 Open House Tour Bit.Ly / 2Kt0ogw (Id:23934)
CALL1.877.896.6727
Property Price
$419,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,995
Best Mortgage Rate (%)
1.95%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,285
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$23,780
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$23,780
Monthly Payment
$1,747

Mortgages In Saskatchewan

Known for many things, it is the perks and intricate surprises that makes Saskatchewan home for many people. Besides being a powerhouse in agriculture, prairie living begins by looking up to the sky (this provinces motto 'land of the living skies' reflects breathtaking sunsets & interesting cloud formations). The people who live here (Saskatchewanians or Saskatonians) are warm, friendly, and exude a real sense of community which makes for ideal neighbours, especially for families with children and growing families. Traversing to and from the main cities is a comfortable driving distance for those home buyers who want the full rural lifestyle. As for outdoor enthusiasts who enjoy fishing, hiking & boating, this province is loaded with lakes & rivers and trails to explore, hence the many bridges. The realty market here makes up an interesting and diverse collection (some homes that can be seen on the MLS is large executive & multi-story houses, backsplits & bungalows, single family homes and cottages & condominiums). Mortgage loans are typically the way most buyers secure their new home and a Saskatchewan mortgage calculator can be a big help while searching through the MLS (a mortgage calculator can be found and used for free on numerous websites).
First time home buyers require a great deal of mortgage related information before really digging their heels in and moving forward once a certain home in Saskatchewan is on the 'potential' list. Self-help researching via the Internet is a good way to at least become familiar with many personal options like mortgage products that perform with mortgage loans and the details of how mortgages are set up per the individual. You will notice that a basic mortgage calculator is not the only tool you have access to when it comes to figuring out a mortgage loan, its interest rate, the kind of rate, the amortization and the payment frequency. A mortgage product basically outlines HOW your mortgage loan will be paid, how much, how often and for how long. The prime rate dictates some mortgage products, such as an adjustable rate mortgage and a variable rate mortgage (so if the prime rate rises, your interest rate rises, if it lowers, your interest rate lowers). For a more stable mortgage, many people prefer a fixed rate mortgage because the interest rate is 'locked in' at a certain percentage for a term. Can you combine a fixed rate mortgage and a variable rate mortgage? Absolutely, as some lenders work with hybrid mortgages that utilizes both mortgage products to give you the best of both products.
Affordable and beautiful; that sums up Saskatchewan nicely and yes, it is a great province to invest in with a new home purchase. Since the CMHC (Canada Mortgage and Housing Corporation) decided to 'loosen up' on their guidelines & criteria for self-employed and single people, it is now much easier for entrepreneurs and single people to obtain a mortgage loan, with just a bit more prep work with providing additional documentation and income verification. Mortgage calculator(s) establish affordability, but gaining pre-qualification or even pre-approval from a lender is ideal before making any offer on a home. Sellers appreciate it when an offer comes in on their home and the buyer is already being backed by a reputable lender, rather then a buyer making an offer and not knowing whether approval for the mortgage loan is definite. A mortgage product is usually geared for your financials and the amount of money that is loaned is also dependent on your finances and the home itself (the value of the home). Stepping forward with a lender that is backing you financially is the most efficient path to home ownership, and having monies saved to cover all closing costs & related expenses is important to your lender as well.