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

Looking For A New Home In Warman? This Beautiful Two Story Has All The ""I-Wants"" Plus More! -1654 Square. Ft. 2 Story -3 Bedrooms And 2 Bathroom Plus Bonus Room Above Garage -Vinyl Siding With Stone Accents On Exterior -Composite Deck On Front Of Home With Verandah -Patio Door Off Dining Room -Kitchen Includes Island With Extended Ledge And Walk In Pantry -Quartz Countertops In Kitchen C / With Undermount Sink -Tile Backsplash In Kitchen -One Piece Tub / Shower In Main Bath And Master Ensuite -Soft Close Cabinetry Throughout -Vinyl Plank Flooring In Living Room, Dining Room, Kitchen, And Hallway -Tile Flooring In Front Entry, And Bathrooms -Led Lighting Throughout -High-Efficiency Furnace And Power Vented Hot Water Heater -Hrv Unit -10 Year Saskatchewan New Home Warranty **Located In New Traditions Area North Of Clubhouse Boulevard** Call To Book A Viewing Today! (Id:23934)
CALL1.877.896.6727
Property Price
$419,300
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,965
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,283
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$23,748
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$23,748
Monthly Payment
$1,752
55 Langrill Dining Room (Id:23934)
CALL1.877.896.6727
Property Price
$264,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,245
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 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
$1,107
If Your Looking For Affordable Living Or As An Investor, You Need To Consider This Property, Each Unit Consists Of 2 Bedrooms And One Bathroom, Kitchen, Living Room And Dining Area. Each Unit Has A Storage Area To Give You That Extra Space Everyone Needs. There Are 6 Other Units Also For Sale By The Same Owner In This Building. All Theses Units Have Had All The Windows Replace With Pvc Windows Recently. The Condo Board Is Very Well Managed With An Adequate Reserve Fund. The Heating System Is Hot Water Boiler System That Has Been Upgraded In The Past Few Years. Here Is A Chance To Start Small For An Investment Or Affordable For Your Personal Purchase. (Id:23934)
CALL1.877.896.6727
Property Price
$60,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$3,000
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$205
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$4,705
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$4,705
Monthly Payment
$251
Transformed! Ask Your Realtor For Full List Of Details On Renovations. Extensively Renovated Professionally Inside & Out, Including Front Deck & Stamped Concrete Walkway Have Been Completed. Also New Electrical Service, Wiring, Abs Plumbing, Pex Water Lines And Fixtures. Located Steps From Schools, Parks And Playgrounds, Its A Perfect Location. Redesigned Into An Open Concept You Are Welcomed By The Front Deck To Enjoy The West Facing Sun Well Into The Evening. Greeted Into The Home By The Open Concept Of The Living, Dining And Kitchen With Engineered Hardwood, Tile Flooring & Led Lighting Throughout Which Only Enhances This Entertaining Space. The Beauty In The White Trim, Baseboards And The Kitchen With White Cabinetry, Quartz Counters (Carried Thru Home) & Carrera Marble Backsplash, Centre Island And New Stainless Appliances Are The Features To The Heart Of The Home In A Bright And Inviting Atmosphere To Create Your Special Family Memories Well Into The Future. The Main Floor Also Hosts 3 Good-Sized Bedrooms And A New 4Pc. Bath With Soaker Tub Beautifully Finished Tile Surround And Extra Linen Cabinet. One Bedroom Also Has Access To Laundry Hook Up Should You Want. The Lower Level Also Enjoys The Benefit Of A Full Renovation With New Framing, Insulation And Vapour Barrier, And Now Hosts A Great Family Room And Games Area With Wet Snack Centre With Carrera Marble Feature With Floating Shelves, For Your Nights Of Enjoying Family Life Together. Also On This Floor Are 2 Additional Bedrooms, Making This A 5 Bedroom Home. This Floor Also Features A New 4Pc. Bath, Laundry Area And Utility. The Mature Yard Has A Nice Concrete Patio To Relax In The Private And Partially Fenced Yard. This Home Is Made For Families, Especially This Close To Schools In A Perfectly Located Palliser Neighbourhood. Move-In Ready! Feel At Home Sooner And Let Me Help Move You! Click On Multimedia Link For Full Virtual Tour Or Call For Your Personal Tour Today. (Id:23934)
CALL1.877.896.6727
Property Price
$284,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$14,245
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$880
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$16,625
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$16,625
Monthly Payment
$1,191
Nicely Renovated 2+1 Bedroom Family Home In Beautiful West Hill Neighbourhood. Fully Developed With 2 Full Bathrooms. The Main Floor Offers An Elegant Kitchen With Separate Dinning And Living Room Area Featuring Original Hard Wood Floors, Cozy Natural Gas Fireplace And Updated Large South Facing Picture Window Allowing Plenty Of Natural Light. Large Sun Room / Porch Off The Back Entry With A Deck Overlooking A Mature Yard With Most Fencing Chain Link. The Basement Features A Spacious Family Room With Natural Gas Fireplace, Good Size Bedroom, 3 Piece Bathroom, Utility / Storage Room And Laundry Room. Some Notable Upgrades Include Paint Throughout, Renovated Bathrooms, Flooring In The Kitchen And Family Room, Shingles And Hot Water Heater. All Appliances Included. Single Attached Garage With Paving Stone Driveway. An Excellent Home For The Price! Average Energy:$120 (Id:23934)
CALL1.877.896.6727
Property Price
$219,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$10,995
Best Mortgage Rate (%)
1.99%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$685
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$13,180
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$13,180
Monthly Payment
$919

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.