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

Great Floor Plan In A 4-Bedroom Home In A Cul-De-Sac Of A Tranquil Neighborhood. This Residence Offers A Perfect Blend Of Comfort, Style, And Tranquility. Nestled In A Peaceful Neighborhood Near Jack Kemp Elementary School, This Property Is The Epitome Of Suburban Living. With Its Finished Interior Space, Well Maintained Yard, And Convenient Location, This Home Is Sure To Check All The Boxes On Your Wish List. As You Step Inside, You'll Be Greeted By Large Entry, An Inviting And A Well-Lit Living Room Leading To The Kitchen / Dining Room -Creating A Perfect Space For Entertaining Family And Friends In This Well-Appointed Space. All Appliances Included. White Cabinetry Adds To The Bright Space With Sit-Down Island. This Home Features Four Bedrooms, With Two On Each Level. Each Room Offers Ample Closet Space And Generous Windows, And You Won't Have To Fight For Bathroom Time As There's One On Each Floor. Family Room In Basement: Need Extra Space? This Room Provides Endless Possibilities, Catering To Your Unique Needs For Family Time. Gas Fireplace Will Make For Cozy Nights Watching Games Or Movies! Step Outside, And You'll Discover Your Very Own Outdoor Oasis. The Backyard Boasts A Spacious Deck And A Lush Lawn, Perfect For Summer Barbecues And Gatherings. And Don't Forget The Bonus Metal Shed With A Roll-Up Door, Providing Over 100 Square Feet Of Extra Storage Space. Located In A Quiet, Family-Friendly Neighborhood, This Home Provides A Serene Retreat From The Hustle And Bustle Of City Life. Take Leisurely Walks To The Nearby Playground, Or Enjoy Easy Access To Elementary Schools And Major Commuter Routes. This Home Has Been Well Maintained And Is Move-In Ready. Some Fresh Paint, Central Air Conditioner, Updated Hot Water Tank And Shingles Add To The Appeal. This Property Also Presents A Fantastic Investment Opportunity For Those Looking To Expand Their Real Estate Portfolio In A Sought-After Area. Don't Miss The Chance To Make This House Your Forever Home. Schedule A Sh Owing Today To Experience This Great Property! (Id:23934)
CALL1.877.896.6727
Property Price
$269,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,450
Mortgage Insurance ($)
$10,222
Mortgage Required ($)
$265,772
Best Mortgage Rate (%)
5.74%
Mortgage Type
5 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
$1,660
Welcome To 1623 Clark Avenue. Located On A Large Corner Lot With A Heated Double Attached Garage In A Desirable Weyburn Neighborhood. Featuring A Total Of 3 Bedrooms And 2 Baths, This Solid Home Includes A Porch Entrance Right Off The Main Door To The Garage. The Main Floor Has A Timeless Oak Kitchen With Separate Dining Area, Large Front Living Room And Three Bedrooms Off The Walk-Around Hallway. Lots Of Storage Closets Can Be Found Throughout The Home Including A Unique Pantry In The Basement. An Updated Basement Bathroom, Office And L-Shaped Family Room Can Be Found Here, As Well As The Laundry And Storage Room With Separate Cold Room. Appliances Are Included As Well As Natural Gas Barbeque Hookup. Call The Listing Office To Take A Look At This Great Home! (Id:23934)
CALL1.877.896.6727
Property Price
$242,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$12,100
Mortgage Insurance ($)
$9,196
Mortgage Required ($)
$239,096
Best Mortgage Rate (%)
5.74%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$751
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$14,351
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$14,351
Monthly Payment
$1,493
Welcome To This 4 Level Split Home Rests On A Large Lot In Albert Park! Located In A Quiet Crescent, Close To Schools, Shoppings And All South And Amenities. 4Bedrooms, 2Baths, Newer Laminate Flooring Though Out The Main Floor, The Main Floor Features A Bright Living Room With A Nice Bow Window, A Formal Dining Room, Updated Kitchen Offers Wood Cabinets, Kitchen Window Overlooking The Huge Fenced Back Yard. The Up Floor Features 2Bedrooms And A 4Pc Bath, The Lower Level Features A Cozy Family Room With Wood Fireplace, Plus A Bedroom. The Basement Is Upgraded Another Hug Bedroom With 3Pc Bath. Double Attached Garage. (Id:23934)
CALL1.877.896.6727
Property Price
$349,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$17,450
Mortgage Insurance ($)
$13,262
Mortgage Required ($)
$344,812
Best Mortgage Rate (%)
5.74%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,072
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$20,022
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$20,022
Monthly Payment
$2,153
Located On The North Western Edge Of The City Limits, This Low Maintenance Condo Comes With Quiet Prairie Views. Newly Built In 2010, The Modern Exterior Finishes Are Matched Inside This Second Story 2-Bedroom Unit. The Open Concept Main Living Area Holds An L-Shaped Kitchen With Moody Espresso Cabinetry, Black Appliances, Including A Dishwasher And Range Hood, And Room For An Island Or Table. Bamboo Inspired, Low Maintenance Laminate Flooring Spans The Entire Space Where It Is Met By, Light Walls, A Large Window, And A Patio Door Leading To A Private Covered Deck With A View. The Light Colour Palette Continues Down The Hall Into Two Carpeted Bedrooms And A Full Four-Piece Bathroom, Complete With Convenient Access To In-Suite Laundry. Ease Your Mind Knowing That, Along With Your Own Parking Space, Condo Fees Will Cover Snow Removal, Yard Maintenance, And Building Insurance. Call For More Information Or Your Personal Showing. (Id:23934)
CALL1.877.896.6727
Property Price
$139,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$6,995
Mortgage Insurance ($)
$5,316
Mortgage Required ($)
$138,221
Best Mortgage Rate (%)
5.74%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$445
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$8,940
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$8,940
Monthly Payment
$863
Nestled In The Serene Community Of Aspen Ridge, This Remarkable 2-Story Home Presents An Unparalleled Opportunity For Modern Living. Boasting A Spacious 2,581 Square Feet Of Thoughtfully Designed Space, This Residence Harmoniously Blends Luxury, Convenience, And Nature. As You Step Inside, You'll Be Greeted By An Inviting Open Floor Plan Adorned With High-Quality Finishes And Abundant Natural Light. The Heart Of This Home Is The Well-Appointed Kitchen, Featuring Granite Countertops, Stainless Steel Appliances, And Ample Cabinet Space In Addition There Is A Butler / Spice Kitchen For Culinary Enthusiasts. Adjacent Is The Cozy Living Area, Complete With A Gas Fireplace, Perfect For Gatherings With Family And Friends. 2Nd Floor Has A Family Room And Well Appointed 2-Bed Room, 4-Piece Bath, And A Primary Bedroom With A 5-Piece En-Suite. One Of The Standout Features Of This Property Is The Attached 3-Car Heated Garage, Providing Both Convenience And Protection For Your Vehicles In All Seasons. For Those Seeking Extra Income Potential Or Separate Living Space, The Legal 2-Bedroom Basement Suite Is A True Asset. Whether Used As A Rental Unit Or For Accommodating Guests, This Self-Contained Suite Offers Privacy And Versatility. Step Outside, And You'll Find Yourself Backing Into Green Space. Enjoy The Tranquility Of Nature Right At Your Doorstep And Relish In The Privacy This Premium Location Provides. Nature Enthusiasts Will Appreciate The Proximity To The Northeast Swale, An Area Renowned For Its Scenic Walking / Biking Trails And Natural Beauty. It's The Perfect Setting For Outdoor Adventures And Exploration. With A Blend Of Luxury, Income Potential, And Natural Beauty, This Home Offers A Lifestyle That Is Truly Unmatched. Book Your Private Showing. Notes:- Remote Control Window Coverings, A Camera Installed For Additional Safety And Monitoring With Screen Installed In The Kitchen Area, Wifi Operated Lights Switches. You Will Surely Fall In Love With This House. (Id:23934)
CALL1.877.896.6727
Property Price
$973,000
Minimum Down Payment (%)
7.43%
Minimum Down Payment ($)
$72,300
Mortgage Insurance ($)
$36,028
Mortgage Required ($)
$936,728
Best Mortgage Rate (%)
5.74%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$2,944
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$76,744
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$76,744
Monthly Payment
$5,849

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.