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

A Home Should Give You All Those Feel-Good Feelings And Be A Comfortable Space. Located In North Yorkton On A Quiet Crescent, Close To Parkland College And Backing Green Space Is Where You Will Find This Home. This Fenced Lot Has Rv Parking, Fire Pit Area, A Small Garden Running Along The New Deck, Dog Run And Plenty Of Space For The Kids To Play. The Tree Line Back Fence Provides A Nice Backdrop To This Yard As Well Making It Very Private. Inside You Will Find A Warm And Welcoming Space With A Large Living Room Facing East Which Flows Into The West Facing Dining Room. Entertaining Here Will Be A Breeze As The Back Deck Will Provide Additional Space For Eating And Lounging During Those Summer Months. There Are 3 Bedrooms, 4Pc Bath And A Nice Walkin Closet Off The Master. Enjoy Having Direct Entry From The Single Attached Garage During Those Cold Winter Months. The Basement Space Is Nice And Open With A Wet Bar, Gas Fireplace, 3Pc Bath And Endless Amounts Of Storage. Come Have A Look Today And Make This Your Home Before Winter. (Id:23934)
CALL1.877.896.6727
Property Price
$259,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$12,995
Mortgage Insurance ($)
$9,876
Mortgage Required ($)
$256,781
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$805
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$15,300
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$15,300
Monthly Payment
$1,434
4106 35 Street Is A Stylish And Comfortable Home Situated Down A Quiet Lloydminster Street. Featuring An Expansive 1339Sqft Of Living Space, This Low-Maintenance Home Is Ready To Welcome Its New Owners. Inside You’Ll Discover Stunning Hardwood Floors Flowing Underfoot And Vaulted Ceilings Overhead. On The Main Floor, You’Ll Find The Well-Equipped Kitchen With A Pantry And Quality Appliances Included In The Sale, A Spacious Living Room, A Dining Room, A Four-Piece Bathroom And Two Bedrooms. Moving Upstairs, You’Ll Find The Stylish Primary Bedroom With A Walk-In Closet And An Ensuite With A 4’ Walk-In Shower. Adding Further Value And Appeal Is The Finished Basement With A Private Entry, Perfect For Visiting Family Or As An Income Stream. In This Space, You’Ll Find Two Bedrooms, A Kitchen, A Living And Dining Room, A Full Bathroom, A Shared Laundry, And An Abundance Of Storage. There Is A Heated Double Garage And A Spacious Landscaped Yard With Plenty Of Space To Park Your Rv. (Id:23934)
CALL1.877.896.6727
Property Price
$406,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$20,345
Mortgage Insurance ($)
$15,462
Mortgage Required ($)
$402,017
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$1,246
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$23,091
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$23,091
Monthly Payment
$2,245
Rare Opportunity To Own A Newer Build On The West Side! This Home Was Built In 2014 By Lehman Construction, And Is Completely Finished Up And Down With Direct Access To The 19X28 Attached Insulated Garage. This 992Sf Home Offers A Total Of Four Bedrooms And Two Full Bathrooms. The Main Level, With The Exception Of The Bathroom, Boasts Beautiful Hardwood Floors Throughout, And The Open Concept Main Living Area Is Bright With Large Windows And A Vaulted Ceiling. You Will Find With A Large Living Room, Plenty Of Room For A Dining Room Table, And A Kitchen With Stainless Appliances, A Breakfast Bar, And Lots Of Counter Space. There Is Access To The Fully Fenced Backyard From The Kitchen, Perfect For Barbecuing And Backyard Entertaining. Being A Bi-Level Home, The Basement By Design Has Generously Sized Windows, Letting In Lots Of Light….Perfect For Those Who Don’T Love Spending Time In The Basement. There Is A Sizable Recreation Room, Two Bedrooms, A Full Bathroom, And A Laundry Room Doubles As The Utility Room Which Has Adequate Room For Storage. This Home Is Well-Equipped With A High Efficiency Furnace, Power-Vented Hot Water Tank, Air Exchanger, Central Air Conditioning, Central Vac, And A Sump Pump With Batter Back Up. Call Today To View All That This Property Has To Offer. (Id:23934)
CALL1.877.896.6727
Property Price
$309,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$15,495
Mortgage Insurance ($)
$11,776
Mortgage Required ($)
$306,181
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$955
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$17,950
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$17,950
Monthly Payment
$1,710
Fixer Upper In The West Flat With 2 Bedrooms And 1 Bath. The Property Features A Large Backyard Plus A Concrete Pad With Pit For The Shady Tree Mechanic. (Id:23934)
CALL1.877.896.6727
Property Price
$59,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$2,995
Mortgage Insurance ($)
$2,276
Mortgage Required ($)
$59,181
Best Mortgage Rate (%)
4.59%
Mortgage Type
5 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$205
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$4,700
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$4,700
Monthly Payment
$331
For More Information & Pictures Click On Realtor® Website. Lovingly, Well Maintained Home For Sale! This 1306 Square Ft House Is Located In A Quiet, Residential Neighborhood On The South Side Of The City. This Is An Ideal Dwelling For A Family. It’S Proximity Is Near School, Grocery / Gas , Park And Golfing . The Interior Features Include 3 Bedrooms On The Main Floor, A Spacious Master Bedroom With Plenty Of Natural Light, And Inc A 1 / 2 Bath. The Main Bathroom Has A Jetted Tub , As Well As A Skylight. Beautifully Maintained Original Hardwood Floors Are Visible Throughout The Living Room And Hallway Areas, As Well As Under Current Carpeting In The Original Build Of The 3 Bedrooms. A Rock Wall Fireplace Creates A Nice Focal Point In The Living Room. Off Of The Main Kitchen, A Large Dining Room Is Complimented By Sliding Doors To A Walk Out Deck, Providing Excellent Natural Lighting. The Kitchen Area Also Includes A Skylight, Providing Additional Lighting. The Home Also Features A Large, Main Floor Laundry Room. This Move In Ready Home Will Come Serviced With All Appliances Included. The Basement Includes A Family Room, Cold Storage Room, 1 Bedroom And A 1 / 2 Bath. The House Comes Equipped With A Natural Gas High Efficiency Furnace, As Well As Central Air Conditioning. The Exterior Of The Home Has White Vinyl Siding, Graced With A Decorative Rock Front, As Well As Triple Pane Windows. A Double Detached Garage In The Backyard, As Well As A Large Concrete Driveway In The Front Will Accommodate All Your Parking And Storage Needs. In Addition To The Fully Fenced Backyard, The Outdoor Space Includes A Garden, Deck And Lawn Area. (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 (%)
4.59%
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
$1,484

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.