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

Beautifully Updated, Well Priced And A Total Of 5 Bedrooms And 2 Bathroomscheck Out This Great Starter Home. The Open Concept Kitchen, Dining And Living Room Are Perfect For Entertaining. This House Is Well Laid Out With 3 Bedrooms And A Full Bath On The Main Level. Downstairs Are 2 Additional Bedrooms, A Large Recreation Space, A Great Storage Room, An Additional Bathroom With A Shower And A Laundry / Utility Space. The Yard Is Fully Fenced And Has A Large Storage Shed For All Of Your Outdoor Gear And Tools. Call Today To Set Up Your Personal Showing! (Id:23934)
CALL1.877.896.6727
Property Price
$149,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$7,495
Mortgage Insurance ($)
$5,696
Mortgage Required ($)
$148,101
Best Mortgage Rate (%)
1.69%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$475
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$9,470
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$9,470
Monthly Payment
$605
This House Is Located In The Desirable Riverwood Development And Situated On A Large Pie-Shaped Lot That Backs The Wooded Area Of Tatagwa. This Is An Open Concept Home That Is Well Thought Out And Perfect For Any Stage Of Life. The Entrance Leads Into A Large Open Concept Living Space. The Kitchen Is A Large Modern Kitchen Complete With Stainless Steel Appliances. Off The Kitchen Is A Dining Area With A Fireplace And French Doors Leading To A Two-Teared Deck; Perfect For Entertaining. The Living Room Is Spacious And Has A Full Wall Of Windows To Take In The View Of The Beautiful Yard. There Are Three Bedrooms On The Main Floor. The Master Bedroom Has A Walk-In Closet And Three-Piece Ensuite. The Ensuite Has A Walk-In Shower And Conveniently Leads To The Hot Tub On The Back Deck. The Laundry Room Is Situated Off The Back Mudroom. Going Down The Stairs Into The Basement, You Will Be Greeted By A Large Open Family Room, Perfect For Movie Nights Or Watching The Big Game. There Are Two More Bedrooms In The Basement, With One Being Set Up To Also Function As A Home Office. There Is A Full Bathroom In The Basement As Well A Lots Of Extra Storage. This Is A One-Of-A-Kind Home. Book Your Showing Today. (Id:23934)
CALL1.877.896.6727
Property Price
$589,900
Minimum Down Payment (%)
5.76%
Minimum Down Payment ($)
$33,990
Mortgage Insurance ($)
$22,236
Mortgage Required ($)
$578,146
Best Mortgage Rate (%)
1.69%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,795
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$37,285
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$37,285
Monthly Payment
$2,363
This Sizeable Home Is What You Have Been Waiting For And Is Situated In The Trail Subdivision In One Of The City's Most Sought After Neighborhoods! Offering Up 1,350 Square / Ft, With Loads Of Space To Grow A Family, This Home Is Worth A Look. The Main Floorplan Has A Separate Living Room With Windows To The South Flooding It With Natural Light. Are You Wanting Open Concept? Take Down The Wall Between The Kitchen And Living Room And You Would Have An Even Larger Living Space. The Generous Sized Kitchen Features A Skylight & Comes With Newer White Appliances & Counter-Tops And Is Open To The Sunken Family Room To The North. The Family Room Is The Heart Of This Home With A Brick Wood Burning Fireplace. Three Bedrooms On The Main, Including A Large Master With A 3 Piece En-Suite & A Generous Closet. The Lower Level Houses An Oversized Family / Recreation Room With A Bar Area, Another Bedroom, Den, 3 Piece Bath And Laundry Room. The Manicured & Private Backyard Is An Outdoor Oasis With Large Trees To The North And Boasts 2 Decks & A Small Pergola. The Double Attached Garage And The Triple Driveway Allow For Lots Of Parking, Including An Rv. Newer Shingles & Washer & Dryer, Hot Water Heater (2019). For More Information Or To Book A Personal Showing Call Your Favourite Realtor® Today! Equalized Heating Cost $75 / Month (Id:23934)
CALL1.877.896.6727
Property Price
$364,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$18,245
Mortgage Insurance ($)
$13,866
Mortgage Required ($)
$360,521
Best Mortgage Rate (%)
1.69%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,120
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$20,865
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$20,865
Monthly Payment
$1,473
If You Are Looking For A Solid Built Energy Efficient Home (Triple Walls), Large Garage Space, Workshop, And A Beautiful Yard, 48 Sunset Drive South In Yorkton Sk Would Be Worth Taking The Time For A Private In Person Tour. Driving Up To The Property You Will Find Ample Amount Of Outdoor Parking Space Included A Large Gate To Park Your Extra Vehicles In The Backyard. The Two Car Attached Insulated Garage Will Provide Space To Keep Two Of Your Large Vehicles Safe From The Elements. Two Double Doors From The Garage Will Take You Into A Very Large Workshop Area That Includes An Up To Code Wood Stove, 220 Electrical, And 2 Piece Bathroom. The Possibilities Are Endless With This Extra Space. The Direct Entry From The Garage Will Take You To A Welcoming Foyer With Good Sized Closet Space. A Few Steps Up Will Take You To The Kitchen With An Enormous Amount Of Cupboard And Counter Space. All Appliances Are Included And In Working Condition. Enjoy Meals At The Island Or In The Dining Room Area With Included China Cabinet. There Is A Direct Entry To The Large Covered Deck From The Kitchen / Dining Room Area. Moving Through The Home There Is A Extra Large Living Room Area With Sunshine Ceiling Above The Windows. Moving Down The Hall There Are Three Good Sized Bedrooms With Custom Oak Storage In Each Room. The Main Floor Bathroom Features Double Sinks And A Tiled Walk In Shower. Moving Down The Wide Stairs To The Basement You Will Be Find A Large Recreation / Family Room With More Custom Cupboards, Storage Shelves, Wood Fireplace, And Updated Lighting. The Fourth Bedroom Is On This Level And There Is Enough Space To Create A 5Th Bedroom Space Is Needed. The Bathroom Includes Jet Tub, Shower, Toilet And Sink. There Also Is A Sauna Area That Was Built But Not Totally Hooked Up. There Is Also An Extra Water Heater That Has Never Been Used. The Backyard Has Two Good Sized Sheds And Lots Of Space For A Garden. You Need To Visit This Home To Appreciate All It Has To Offer. Call Today! (Id:23934)
CALL1.877.896.6727
Property Price
$349,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$17,495
Mortgage Insurance ($)
$13,296
Mortgage Required ($)
$345,701
Best Mortgage Rate (%)
1.69%
Mortgage Type
3 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,075
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$20,070
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$20,070
Monthly Payment
$1,413
Perfect Location! Check Out This Saskatchewan Bi-Level Located Right Across From Jaycee Park And Just Down The Street From Winston Churchill School. Plus Theres 2 Other Schools Within A Few Blocks. This Home Is Neat And Tidy And Ready To Move Into. The Large, Private Yard Is Complimented By A Detached 2 Car Garage. Youll Appreciate The Open Kitchen And Dining Room And The Big Living Room Overlooks The Park. Downstairs Youll Find A Real Big Family Room, Another Bedroom And A 3 Piece Bath. If Youre Looking For A Good Value In A Great Neighbourhood, Then This Is The Home For You! (Id:23934)
CALL1.877.896.6727
Property Price
$284,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$14,245
Mortgage Insurance ($)
$10,826
Mortgage Required ($)
$281,481
Best Mortgage Rate (%)
1.69%
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
$1,150

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.