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

Featuring Over 1660 Square Ft Of Living Space. The Open Concept Main Floor Has An Easy Flow & Is Great For Entertaining. Kitchen Has Dark Maple Cabinetry, Quartz Counter Top And Island Top. Lots Of Food Prep Space, Pot Drawers Plus Stainless Steel Appliances. Dining Room Has A Patio Door Leading To The South Facing Back Yard. The Living Room Features A Corner Gas Fireplace. The Upstairs Master Bedroom Has An Impressive 5 Piece En-Suite With Glass Shower, Soaker Tub, Double Vanity And A Spacious Walk In Closet. Also Located On The 2Nd Floor Are 2 Additional Bedrooms, A 4 Piece Bath And Laundry Room. Basement Is Open For Development And Has Roughed In Plumbing For A Future Bathroom. Home Has Central Air And Central Vac. The South Facing Yard Is Fully Fenced And Landscaped With Underground Sprinklers And Has A Covered Deck. Front Double Wide Concrete Driveway To The Double Attached Garage That Is Insulated And Boarded With Direct Entry To The House. Located Close To The New Elementary School, Parks And Walking Paths. Live In The Thriving City Of Warman, With All The Amenities Of A Big City. (Id:23934)
CALL1.877.896.6727
Property Price
$264,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,245
Best Mortgage Rate (%)
1.94%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$820
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$15,565
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$15,565
Monthly Payment
$1,101
Welcome To Your New Home! This Home Is Located On A Quiet Bay Close To Spruce Ridge And The Estevan Comprehensive Schools. With 3 Bedrooms And 3 Bathrooms, This Well Layed Out Floor Plan Offers Plenty Of Space For Your Growing Family. There Have Been Several Updates Made To The Home Recently Including A Complete Basement Reno, New Furnace (2016), And Water Heater (2016), Just To Mention A Few. There Is A Single Attached Garage As Well As A Double Detached In The Back....Plenty Of Room For Your Toys. The Covered Deck And Sizeable Back Yard Are The Perfect Place To Entertain Your Company. (Id:23934)
CALL1.877.896.6727
Property Price
$275,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,750
Best Mortgage Rate (%)
1.94%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$850
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$16,100
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$16,100
Monthly Payment
$1,143
Located In One Of Moose Jaws Most Desirable Neighborhoods Is This Beautiful Two Story, 4 Bedroom, 3 Bathroom Home. Walk Inside To A Large Living Room, With Tall Ceiling, Heated Floors, Custom Distress Wood Features, This Grand Space Includes Heated Floors And French Doors That Take You Out Back To A Huge Fenced Backyard, Double Detached Garage And A Deck. Back Inside You Walk Up To A Cozy Sitting Area, Dining Area, Open Concept Kitchen All Sharing A View Of A Stone Gas Fireplace. This Main Level Of The House Has A 3 Pieces Bathroom And Office. Upstairs You Will Find The Master Bedroom With A Large Walk In Closet And A Balcony, 2 More Good Size Bedrooms And A Upgraded 4 Pieces Bathroom With Travertine Tiles. This Home Has A Finished Basement With A Great Room To Watch Movies, A Cute Reading Nook Under The Stairs, 2 Piece Bathroom, Laundry And Den With A Hidden Storage Area. Lots Of Parking Available (Rubber Driveway Surface) For Rvs, Boats Or What Ever Toys You Want To Bring Along To This Move In Ready Home! (Id:23934)
CALL1.877.896.6727
Property Price
$369,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$18,450
Best Mortgage Rate (%)
1.94%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,132
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$21,082
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$21,082
Monthly Payment
$1,533
Home With Potential, 4 Level Split In Pleasant Hill Looking For New Owner. Three Beds Up With Around 1200 Square Feet On Upper Two Levels. All Together There Is An Additional 600 Sf Above Grade. The Inlaw Suite Occupies The Lower Level. This Property Is Currently Rented, Lower Suite 900, Plus Half Utilities, Upper Two Rooms Rent For 500, Master With Half Bath 650 (Id:23934)
CALL1.877.896.6727
Property Price
$269,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,450
Best Mortgage Rate (%)
1.94%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$832
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$15,782
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$15,782
Monthly Payment
$1,118
The Choice For A First-Time Home Buyer Has Never Been Easier Than This Attractive Home On The Citys South Side. Its Affordability Is Second To None Considering Its Size, Updated Features And Location. The Front Entry Is Great For Keeping The Weather Off Of The Large, Bright Living Room. Just When You Think That Is Spacious, You Walk Past The Updated 4-Piece Bathroom And Into A Roomy Freshly Painted And Freshly Floored Kitchen, With Plenty Of Space For A Dining Room Table. From There You Can Walk Up To The Loft Bedroom That Also Has Tons Of Room As Well As A Walk-In Closet. The Basement Is Mainly Finished. The Laundry / Utility / Storage Area (Dont Miss The High-Efficient Furnace) Is To One Side And To The Other Is A Cozy Recreation Room And Then Another Bedroom. The Back Mud Room Opens Onto A Wrap-Around Deck And Into Your Fully Fenced Back Yard. There Is An Older Single Car Garage Plus Space In Behind It For Extra Parking. With A Quick Possession Available, You Could Be Lounging In Your Own Home On A Warm Summers Evening. Call Now To See This Cutie! (Id:23934)
CALL1.877.896.6727
Property Price
$140,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$7,000
Best Mortgage Rate (%)
1.94%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$445
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$8,945
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$8,945
Monthly Payment
$582

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.